Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
The upper chamber invoked cloture, which limits remaining debate to no more than eight hours, so the final vote is expected soon.
Here are photos from the action on Thursday at NAFCU's 46th Annual Conference in Boston.
BOSTON — Credit unions told why they are better off because of the Consumer Financial Protection Bureau Director.
Making good on its word to track concerns such as questionable interest rates and discrimination, the Consumer Financial Protection Bureau recently sent a stern message that it is monitoring auto lenders’ activities.
A long-awaited overdraft report, released June 11, featured some unflattering statistics related to credit union overdraft income.
Overdraft revenue fell nearly $1 billion for credit unions, banks and thrifts in first quarter 2013, according to the latest quarterly study on overdrafts by Moebs Services, a Lake Bluff, Ill.-based economic research firm.
According to the report, while bank and thrift service charges on deposit accounts have declined since 2008, credit union fee income has increased by 15%.
Letter sent in advance of Thursday's CFPB roundtable with Federal Trade Commission.
A number of different reasons lead to decline.