The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
CUNA will release aggregate breach cost information to member credit unions, lawmakers, federal regulators and the media. Individual credit union numbers will be kept confidential.
Trade group urges Congress to impose stricter rules, spread financial responsibility to retailers.
Trade groups call for tighter security, while credit unions monitor and warn.
NCUA Board members, NAFCU's Berger, CUNA's Cheney said they look forward to working with McWatters.
Qualified mortgage rules ready to roll while efforts to stall continue.
A group of 26 U.S. senators wrote a letter to CFPB Director Richard Cordray urging him to delay new mortgage rules set to take effect in January 2014.
Senate rules change paved way for Watt's confirmation after Republicans had vowed to block a vote.
Alaska Democrat joins 25 GOP lawmakers in asking CFPB to delay new rules that take effect in January.
Total loans reach $631.5 billion as net worth ratio reaches highest level since 2008.