WASHINGTON - (11/22/04) -- Congress finished the brunt of itslame duck session and left town Saturday, leaving the bankruptcyreform to die on the vine once again. Lawmakers may return for abrief attempt to vote recommendations by the 9/11 Commission butonly if agreement can be reached on the key recommendations,according to John McKechnie, chief lobbyist for CUNA. "It doesn'tlook as if they're going to get to our stuff," McKechnie told TheCredit Union Journal Sunday. The long-sought bill, which would makeit tougher for individuals to walk away from debt, relegating theminstead to a reorganization of their finances, has been lingeringsince it was passed by both the House and Senate last year, butboth chambers have yet to agree on a single version of the bill.This would be the fourth straight Congress that the bill hasdied.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3