The National Association of Federally-Insured Credit Unions (NAFCU) recently joined four financial trade groups in addressing potential Consumer Financial Protection Bureau’s (CFPB) credit card late...
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U.S. Rep. Bill Foster (D-IL) has joined colleagues in co-sponsoring the End the Threat of Default Act (H.R.415), which would repeal the national debt ceiling. “Weaponizing the debt ceiling and usin...
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In a first for the United States, tech and data infrastructure provider Intercontinental Exchange, Inc. (ICE) launched the ICE U.S. Carbon Neutral Power Index this week, based on methods licensed from...
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Securities and Exchange Commission (SEC) officials said the agency is seeking candidates for appointment to its Small Business Capital Formation Advisory Committee. “The Small Business Capital Form...
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Public policy, research, and advocacy group Bank Policy Institute (BPI) has provided the Federal Reserve and Federal Deposit Insurance Corporation (FDIC) with input regarding large bank resolution req...
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The Consumer Financial Protection Bureau (CFPB) noted that a newly issued circular affirms companies offering negative option subscription services must comply with federal consumer financial protecti...
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U.S. Reps. Brad Finstad (R-MN) and Thomas Massie (R-KY) are among a group of House Republican lawmakers sponsoring a bill that would direct the U.S. Government Accountability Office (GAO) to conduct a...
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Securities and Exchange Commission (SEC) officials have outlined charges and a settlement agreement regarding Nexo Capital Inc., alleging an unregistered offering of its Earn Interest Product (EIP). ...
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U.S. Sens. Mark Warner (D-VA) and Mike Crapo (R-ID) are urging the U.S. Department of Treasury to consider all comments received in response to the Community Development Financial Institution (CDFI) a...
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The National Association of Federally-Insured Credit Unions (NAFCU) is advocating Federal Reserve guidance regarding account and service request evaluation. The NAFCU indicated Senior Counsel for Res...
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