SYRACUSE, N.Y. - (12/22/05) -- Thirty-five area credit unions haveraised $6,000 to support local Drug and Alcohol ResistanceEducation programs in six counties. Each county will receive $1,000from the effort. The money was raised by selling stuffed bunnies atthe credit union offices. Among the participating credit unionswere: Anheuser-Busch Employees FCU, Power FCU, Crouse FCU, EmpireFCU, MONEY FCU, P&C Employees FCU, Syracuse Postal FCU andSyracuse Cooperative FCU.
The Financial Services Forum, which represents the largest U.S. banks, formed a new 501(c)(4) advocacy group to amplify big banks' policy preferences, a move that could counter the crypto industry's growing political influence.
New research from American Banker explores how bankers predict stablecoins, subprime credit, cyber security and other factors will shape the industry at large.
Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.
Bank groups, crypto firms and regulators are divided over whether fiduciary digital-asset custody fits naturally within the national trust charter model — or whether, as critics argue, the agency is quietly reinventing the charter.
In a Senate Banking subcommittee hearing, lawmakers discussed a bill that would guarantee all legal industries and all individuals fair access to banking services.
The de novo bank, which will serve participants in virtual currency markets, is putting the regulatory pieces in place for its planned 2026 launch.
