HARTFORD, Ct. -- CUNA stepped into the fray to help rescue Democratic Sen. Joseph Lieberman, who is running neck-and-neck in next week's Democratic Primary with local millionaire Ned Lamont. The credit union group reported Monday that it is spending $29,100 for an independent mailing on behalf of Lieberman, a long-time credit union supporter, who endorsed HR 1151, the CU Membership Access Act, as well as the credit union-backed bankruptcy reform bill. "He's always been there for us and was available whenever we needed to talk to him," Richard Gose, CUNA's political director, told The Credit Union Journal. CUNA has also contributed $5,000 to Lieberman's campaign. Under independent expenditures, an interest group may provide campaign support on behalf of a candidate but the support may not be coordinated with that candidate. The three-term Senator is under attack in his home state for his support of President Bush's war in Iraq, which his opponent, Lamont, opposes.
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The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
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