Probably the one thing credit unions can agree on regarding field of membership is this: a legal challenge to the new rule is coming soon.

The incoming administration's proposals would be a mixed bag for financial technology innovation.

President-elect Donald Trump's victory poses a unique quandary for the Federal Reserve both before and after he is sworn in — whether the central bank should attempt to finish the many rules still in process or keep its head down to avoid provoking a hostile Congress.

Policies to encourage financial technology have had bipartisan support thus far.

Regulatory costs may be warranted, but neither Congress nor the executive branch assessed the cost of the Dodd-Frank Act before its enactment.

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.

GOP control of the legislative and executive branches, combined with a 2018 election map that threatens vulnerable Democrats, gives the industry its best chance in six years to change the financial reform law.

A Trump presidency might very well accelerate recent efforts to adapt banking regulation to the rise of fintech.

After a divisive campaign in which Donald Trump fiercely criticized his rival's ties to Wall Street, the president-elect appears to be considering JPMorgan Chief Executive Jamie Dimon as Treasury secretary. But there are many reasons to be skeptical it will ever happen.

Trump's election raises a lot of issues for the financial services industry, particularly for companies that operate internationally or rely on emerging technology. Here are a few areas Trump's presidency is likely to disrupt.

President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.

While credit unions will be pleased to see voters reined in attempts by legislators to impose taxes on certain services CUs provide, they'll be looking for an expected legal challenge to a separate ballot measure that would prevent them from making political contributions in future.

The Consumer Financial Protection Bureau faces an uncertain and precarious future under President-elect Donald Trump, who some say might seek to oust Director Richard Cordray and boost legislation to significantly weaken the agency.

President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.

The Director of the Michigan Department of Insurance and Financial Services (DIFS) has appointed the National Credit Union Administration (NCUA) as conservator of Valley State Credit Union, a $22-million institution based in Saginaw, Mich.

To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.

The new administration and Republican-controlled Congress have a historic opportunity in 2017 to bring banking into the 21st century.

Credit union professionals and observers offered advice for the president-elect, as well as their expectations on what the next four years might hold for the industry.

With Republicans holding control of Congress and the White House, credit union advocates expect a focus on reg relief, including changes to Dodd-Frank, the CFPB, the NCUA and more.