MORGANTON, N.C. - (09/02/04) Anne Fischer, the embattledDemocratic candidate for the states 10th congressionaldistrict, said she wont pull out of the race despite demandsfrom party officials after State Employees CU foreclosed on herhouse and she lost her job. The 58-year-old Fischer said she isliving with her campaign treasurer for the time being and plans totake on Republican State Rep. Patrick McHenry, who was declared thewinner this week in last months run-off with creditunion-backed David Huffman, by just 85 votes. Federal electionrules allow a party to demand a candidate to withdraw from a racefor criminal or financial malfeasance, which is why DemocraticParty leaders have demanded Fischers withdrawal from therace.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
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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.
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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.
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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