Whether or not the Federal Reserve can or will appeal the July 31 court decision that overturned two-thirds of its debit interchange regulation hinges on several unresolved legal questions.
As new CEO Berger settles in, Carrie Hunt now senior vice president of government affairs. SVP Karen Tyson let go.
CUNA and the Chip Filson-led Co-Ops for Change may be singing off different song sheets, but the chorus is the same: The corporate assessment era should end.
A U.S. District Court judge gutted the Federal Reserve’s debit card regulatory regime July 31, ruling the Fed rule disobeyed the law and ordering the regulator to rewrite it.
Credit union trade groups are in agreement when it comes to the NCUA’s derivatives proposal. Unfortunately, the responses aren’t pretty.
Judge didn't hint outcome in oral arguments. Unresolved questions - including legal standing - about ability to appeal.
Trades also indicate possible appeal after federal court throws out Fed's 21-cent cap.
Trades oppose high cost of participation and implementation strategies.
ALEXANDRIA, Va. — Credit unions already paid 2013 operating fees, so excess funds will offset 2014 operating budget, NCUA Board decides.
The NCUA reported April 2 that it scored a $165 million win against Wall Street, reaching a settlement with Bank of America over residential mortgage-backed securities losses at failed corporate credit unions. Bank of America did not admit fault as part of the settlement, the NCUA said in a release.