Regulatory & Compliance

Chairman Harper's letter says distributed ledger technologies are OK if they stay within existing regulations and safety limits.

Federal law requires lenders to tell consumers why an adverse credit decision has been made, even if an algorithm made the decision.

NCUA Vice Chair Kyle Hauptman says the proposed Diverge PFCU is a concept that exemplifies true financial inclusion.

Updated data shows the SIF's net income rose in the first quarter of the year.

One goal is to "give consumers their walking rights to switch providers."

The Committee also passes a bill to ensure CDFI funding remains permanent.