CUNA hosted a reception last week for its chairman, Dick Ensweiler, in the U.S. Capitol. The reception, which was themed "meet the chairman" and which members of a Texas credit union delegation who were in town could attend, was also open to members of Congress and other VIPs. Among those who stopped by was House Financial Services Chairman Mike Oxley (R-OH) with Ensweiler, who is also president of the Texas Credit Union League. Also stopping by the reception were Spencer Bachus (R-AL), chairman of the House Financial Institutions Subcommittee, and U.S. Reps. Nick Lampson (D-TX), Charlie Stenholm, (D-TX), Silvestre Reyes (D-TX), Ralph Hall (R-TX), Eddie Berneice Johnson (D-TX), and Ciro Rodriguez (D-TX). Prior to the reception, Ensweiler also met with Sen. Kay Bailey Hutchinson (R-Texas).
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










