adminFlorida Congressman Bill Posey (R-Rockledge) has introduced legislation that would repeal the NCUA’s risk-based capital (RBC) rule. Since the RBC rule was finalized last year, credit unions throughout the country have expressed their concerns to the...
The Federal Reserve Board on Friday extended the comment periods for two related proposals until Feb. 15, 2018. One would enhance the effectiveness of boards of directors. The other would implement a new ratings system for large financial...
CUNA’s National Awards Committee recently selected the recipients of the 2017 Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education...
On Tuesday, Nov. 28, a U.S. District Court judge in Washington ruled in favor of the Trump administration’s choice to install White House Budget Director Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. The...
The Senate Budget Committee on Tuesday advanced the chamber’s GOP tax bill by a vote of 12-11, sending the measure to the Senate floor, where the bill could start to be considered as early as Wednesday. Trump visited the Senate...
With the holiday shopping season about to hit the home stretch, most consumers say they will spend about the same as last year. But a new survey released today by the National Retail Federation and Prosper Insights & Analytics shows that young...