FERGUS FALLS, Minn. - (10/14/04) -- Members of Affinity Plus FCU whovisited the credit union branch here for free flu vaccines lastFriday did not go away hopeless, despite the inability of thecredit union to secure the flu remedy. Instead, credit unionofficials offered them an old-fashioned remedy--a can of chickensoup and a pack of tissues. The idea started off as a joke to helpdeal with the dissapointment, but officials decided to make lightof the situation by offering the alternate remedy to all attendees.Though the members left unprotected from the flu, many left with asmile on their faces.
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A federal judge ruled that acting Consumer Financial Protection Bureau director Russell Vought unlawfully refused to request agency funding from the Federal Reserve Board, dealing a procedural blow to a legal argument that the Fed can only fund the CFPB when it turns a profit.
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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.
March 13 -
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.
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Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
March 13 -
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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