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Despite bipartisan support, the latest congressional effort to enable the legal marijuana industry's access to the banking system still faces plenty of roadblocks.
June 11 -
Rebeca Romero Rainey, who has been on the job for less than a week, has already slammed postal banking and pressed for more regulatory relief. In a Q&A, she discusses her plans to foster innovation, tackle succession issues and encourage more banks to stay independent.
May 10 -
The legislation, which still needs Senate approval, would let the head of the Small Business Administration raise the program's cap in periods of heavy demand.
May 8 -
The New York senator offers legislation to empower U.S. post offices to take deposits and make loans.
April 25 -
Northwest CU Association hails victory in all three of the states it represents, including an update to Idaho's Credit Union Act, as well as bills related to data security and municipal deposits.
March 29 -
Independent Community Bankers of America CEO Camden Fine said his group “will not participate in making the perfect the enemy of the good” when it comes to further amending the regulatory relief bill.
March 16 -
The legislature has passed a bill that would allow lenders to make installment loans that, in many cases, would be more costly than payment loans. If Gov. Rick Scott signs it, Florida would become the first state to pass a law designed to blunt the impact of the CFPB’s crackdown on high-cost consumer loans.
March 9 -
Nussle, a former U.S. representative from the Hawkeye State, called the proposed legislation "bad for Iowa."
February 22 -
A bipartisan bill to establish a federal security framework follows a string of efforts beset by congressional turf battles.
February 16 -
Beyond just maintaining the tax exemption, a look at how the recently signed Tax Cuts and Jobs Act might affect the credit union landscape.
January 4