Law and regulation

The bill would create a federal obligation for credit reporting agencies to offer free credit freezes and prevent them from selling consumer information while a freeze is in place.

The move has been called a major advocacy victory for credit unions.

The changes are aimed at aligning requirements with a new Consumer Financial Protection Bureau rule under the Home Mortgage Disclosure Act.

Square became the third fintech firm in recent months to seek out a bank charter. Others are likely to follow.

All 12 credit unions subject to late fees had assets of $50 million or less.

The legislation introduced by Reps. Jared Polis, D-Colo., and David Schweikert, R-Ariz., would allow cryptocurrency users to make transactions of up to $600 without paying taxes.

The changes to the National Multistate Licensing System will include a more customized user experience for companies and functionality for states to share examination data.

The ICBA is calling on regulators to remove Wells Fargo board members and senior management after a series of scandals have plagued the bank.

The largest generation of Americans is set to inherit over $59 trillion in assets, but the federal financial regulators are behind in hiring millennials and focusing on issues of concern to them.

Amendments mean parity with federal law, other changes allowing efficient CU operations.