More than 100,000 fans of Children’s Miracles Network Hospitals have helped #VoteForMiracles surpass 300,000 votes with one week left in the campaign. More than 2,500 credit unions have also been recognized by the public who are asked during the voting process to “Choose their Credit Union”.
Twelve bills aimed at providing regulatory relief to financial institutions will be discussed in a hearing at 2 p.m. (ET) Thursday of the House Committee on Financial Services. The bills include six supported by CUNA, said CUNA Chief Advocacy Officer Ryan Donovan in his weekly “Legislative Update” video.
The U.S. District Court for the District of Columbia Monday said it will issue an order providing the Federal Reserve Board 60 days to resolve the final issue remaining from merchants’ lawsuit challenging its debit card interchange transaction fees regulation: how it treats transactions-monitoring costs.
At a June 18 meeting in Nebraska, the Consumer Financial Protection Bureaus' Consumer Advisory Board is scheduled to discuss the bureau's pending proposals addressing payday lending, auto-title loans and other longer term credit products. The panel is also expected to review trends and themes in consumer financial markets.