Credit Union Regulatory Relief Bill Passes
Monday night, the Senate passed the 21st Century ROAD to Housing Act, which includes several credit union relief elements, such as the long-awaited Credit Union Board Modernization Act, reports Emily Claus.
Senate Banking Committee Holds Hearing on Artificial Intelligence and its Role in Financial Services
Last week, the Senate Banking Committee held a meeting on “AI and the American Dream: Promoting Innovation, Affordability, and American Dominance.” CUSO Magazine’s Esteban Camargo reports on the hearing and what America’s Credit Unions is urging regulators to do with respect to credit unions and their use of AI.
NCUA Passes Interim Final Rule Confirming Preemption of IFPA
The NCUA has officially published its interim final rule on interchange, declaring that the Federal Credit Union Act, which grants credit unions the right to charge fees, preempts the Illinois Interchange Fee Prohibition Act, Emily Claus reports.
New Ruling Issued on Illinois Interchange Prohibition Act
A new win in the longstanding battle agains the Illinois Interchange Fee Prohibition Act, a judge for the U.S. District Court for the Northern District of Illinois has ruled that federal law preempts the IFPA, Emily Claus reports.
NCUA Accepting Comments for 8th Round of Deregulation
The NCUA is currently accepting comments for its 8th round of rederegulation, as part of a larger government-wide initiative to decrease regulatory burdens. In this round, the agency is considering three main regulations, including proposals on remittance transfers, credit union to bank conversions, and data collection. The breakdown of these...
Proposed NCUA Rule for Permitted Payment Stablecoin Issuer Standards Open for Comment
The National Credit Union Administration has proposed additional rules governing payment stablecoins. CUSO Magazine’s Esteban Camargo reports.
John Crews Nominated as Hauptman’s Replacement on NCUA Board
Nine months after his term was set to expire, NCUA Chairman Kyle Hauptman’s replacement to the NCUA Board has been found in Treasury Deputy Assistant Secretary John Crews, Emily Claus reports.
Highlights and Takeaways from the 2026 NACUSO Reimagine Conference
Last week, NACUSO held its annual Reimagine Conference for CUSOs nationwide to gather, innovate, and learn. Emily Claus shares the highlights from the event, key moments and conversations, and budding CUSOs for you to keep an eye on.
America’s Credit Unions Says Economy Still Strong, But Risk of Recession Looms
In America’s Credit Unions’ most recent “Economic Update”, Chief Economist Curt Long indicates that while the economy generally looks good, uncertainty with Iran and AI could throw a wrench into the machine. CUSO Magazine’s Esteban Camargo reports.
Department of the Treasury Announces Review of Current CDFIs
This week, the US Department of the Treasury has announced it will begin reivewing current CDFIs in order to identify any potential abuse or violations of the program, Emily Claus reports.
