A GAO report states the CFPB fails to use information from its market monitoring and other sources to determine serious consumer problems.

“Laws are meaningless when they are not enforced, and consumers are left to fend for themselves ...," Waters says.

"Lack of authority over third-party servicers does limit the extent to which the NCUA can evaluate and supervise the risks to credit unions ..."

At a cost in the hundreds of millions of dollars, Acting Director Mick Mulvaney's effort to rebrand the agency has been abandoned.

The legislation would enable CUs to accept deposits, extend credit and provide payment services to marijuana-related businesses.

Policymakers are struggling with how to update the CRA.

The NCUA's score dropped from 69.0 to 67.2, placing it at 13th among 27 mid-size agencies.

Credit union groups weigh in on the field of membership legal challenges happening with bankers.