The Senate Finance Committee Thursday approved its version of tax reform legislation, which retains the credit union tax exemption. The bill now goes to the Senate floor, where it faces an uncertain future because it remains unclear if Senate Republicans have the...

President Trump is likely to select Office of Management and Budget Director Mick Mulvaney as the interim director of the CFPB—an agency Mulvaney once called a joke. Mulvaney would temporarily replace Richard Cordray, who announced he was leaving the agency by...

Remember how much everyone couldn’t wait for 2016 to be over? I saved a cartoon on my phone the day after Christmas last year that summed it up perfectly. The cartoonist compared the year to a party guest who refuses to leave, illustrating it as a big round ball...

As the House begins debate on its tax reform bill, members will be prohibited from offering any amendments—including changes to the credit union tax exemption. Voting 235 to 191, the House approved the rule for debate on the bill Wednesday afternoon, with a vote...

The fashion retailer Forever 21 confirmed a breach involving unauthorized access to data from payment cards used at an undisclosed number of its stores due malfunctioning encryptions on POS devices. The Los Angeles-based company said the probe focused on transactions...

At least 16 credit union leagues are now suing Equifax over the credit bureau’s massive data breach. Some of the newest include the Indiana Credit Union League on November 10, the Credit Union Association of the Dakotas on November 9, and the Association of...