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Fed’s Waller: Non-banks and stablecoins pose risks
Federal Reserve Governor Christopher Waller voiced concern about the risks from emerging payment technologies, especially non-banks and stablecoins.
Aug 20, 2024
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Article
Digital Assets
Credit Unions Exploit Federal Tax Exemption to Acquire Tax-Paying Community Banks; Congress Must Act
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after another community bank acquisition by a tax-exempt credit union:
Aug 19, 2024
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Article
Credit Unions
CFPB updates small business lending instructions
The Consumer Financial Protection Bureau updated its 2025 Small Business Lending Filing Instructions Guide.
Aug 19, 2024
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Article
Consumer Financial Protection Bureau (CFPB)
Compliance
Credit union acquisitions generating new headlines
The ICBA-opposed trend of tax-exempt credit unions acquiring taxpaying community banks generated a new round of headlines.
Aug 16, 2024
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Article
Credit Unions