WASHINGTON - (09/21/05) -- CUNA made $99,000 in congressionalcampaign contributions last month, most of it targeted at House andSenate leaders, or lawmakers sponsoring credit union-favoredlegislation. The largest contributions in August went to: HouseMajority Leader Tom Delay, R-Texas ($5,000); Senate Majority WhipMitch McConnell, R-Ky. ($5,000); to the Keep Our Majority PAC,operated by House Speaker Dennis Hastert, R-Ill. ($5,000); and theGrowth and Prosperity PAC, operated by Financial ServicesSubcommittee Chairman Spencer Bachus, R-Ala. ($3,000). Alsoreceiving $5,000 contributions were, Rep. Chris Chocola, R-Ind..;Florida State Rep. Nancy Detert, a Republican running for the Houseseat held by Katherine Harris, who is running for the Senate.; andOhio State Rep. Chuck Blasdel, a Republican running for the Houseseat being vacated by Ted Strickland, the Democrat who is runningfor Governor. CUNA also donated $2,000 to the campaign for Rep. JebHensarling, the Texas Republican who drafted the pending regulatoryrelief bill.
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Citi payments exec Driss Temsamani said there's more work needed to bridge gaps to enable artificial intelligence to work broadly for payments and finance.
12m ago -
On Thursday, Citi will hold its first investor day in four years. The megabank, which has undergone substantial change under CEO Jane Fraser, is expected to share its strategy for driving higher profitability, deploying AI and ramping up shareholder returns.
19m ago -
In addition to 10 new AI agents for financial services, the company announced partnerships with software and data providers FIS, Microsoft, Verisk, Third Bridge, Fiscal AI, D&B, Experian, GLG, Guidepoint and IBISWorld.
1h ago -
Public comments on the Office of the Comptroller of the Currency's GENIUS Act implementing regulations highlighted the rift between banks and crypto firms over the permissibility of yield on stablecoin holdings, an issue that has stalled crypto market structure legislation for months.
7h ago -
The proposal is part of what SEC Chairman Paul Atkins calls his "Make IPOs Great Again" agenda.
May 5 -
Opportunity favors the prepared, and Cambridge Savings Bank had been saving for years to buy a nearby rival. Now, as the mutual bank announces plans to acquire First Seacoast Bank, it says it's found "the right deal at the right time."
May 5










