TULSA, Okla. - (01/02/06) The wildfires that have streaked acrossportions of Oklahoma and Texas so far havent touched any ofthe credit unions in those areas, according to the Oklahoma CULeague and the Texas CU League. We do have credit unions inthose areas, but we dont know of any that have beenaffected, the OCUL said. We have not heard of anycredit unions that have been affected or any credit union membersor employees who have lost homes, said Allison Castle,TCULs communications director for advocacy. Most ofthese fires are in very rural areas and not really near any creditunion facilities. But with more warm, dry weather expectedover the next few days, more fires could crop up, so the entireregion is on alert. Fireworks on New Years Eve arepretty common, especially in rural areas, but most areas aredeclaring burn bans, which would include fireworks because Texas isjust like tinder right now, Castle noted. The mediahas really done a good job of reporting on this situation, sopeople should be aware of the ban.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
March 13 -
Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
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