adminThe Senate just voted to pass the Financial Services and General Government (FSGG) Appropriations Act for Fiscal Year 2019. Credit Union National Association (CUNA) sent a letter to Majority Leader McConnell and Democratic Leader Schumer in support...
The Fed announced it will not raise interest rates at present, but indicates an increase is possible in future. Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to strengthen and...
Major merchant data breaches continue to put millions of consumers at risk. Credit Union National Association (CUNA) is joining with a coalition of financial trade associations to push for legislation that requires stronger data security standards...
In promising news for credit unions on the compliance front, the Financial Accounting Standards Board is proposing to modify the effective date of its Current Expected Credit Losses standard for non-public companies. If approved, this change will...
Kathy Kraninger’s confirmation hearing to become the next head of the CFPB is on Thursday, according to sources close to the LSCU. In June, Trump announced plans to nominate Kraninger to replace acting director Mick Mulvaney. She is currently the...
A Fintech White Paper released Tuesday morning by the U.S. Dept of the Treasury includes an endorsement of a national data breach notification standard and other measures to help “smaller institutions” improve cyberprotections. This gives credit...