Government shutdown

Frequent federal budget impasses increase insurance concerns and threaten to jack up financing costs that are already straining lenders.

The National Credit Union Administration will meet this week to discuss its proposed budget while the Senate and House work to avoid a government shutdown.

The House Financial Services Committee passed a bill that would exclude adverse credit information for consumers impacted by a government shutdown.

Lending at credit unions in the Peach State increased by just 0.2%, down from 0.8% growth recorded a quarter earlier.

Events like the recent government shutdown present opportunities for banks to help customers when they need it most.

Events like the recent government shutdown present opportunities for banks to help customers when they need it most.

While payments firms must navigate political and regulatory waters, consumers and merchants are best served by a competitive free market free of politics, with minimalist regulators playing the role of the night watchman, writes Eric Grover, a principal at Intrepid Ventures.

Readers weigh the BB&T-SunTrust deal, consider how a new accounting standard could affect Fannie Mae and Freddie Mac, debate the impact of the government shutdown on credit histories and more.

The agency's update is good news for banks digesting data suggesting that nonbanks cut into their share of small-business loans during the partial government shutdown.

As another possible shutdown looms, concerns about furloughed workers’ credit histories have shifted the reform discussion away from data security.