Regulatory & Compliance

America's Credit Unions operates in the dark on the credit card interest rate cap Trump said would begin Jan. 20, but did not materialize.

FY 2024 performance review criticizes Biden-era enforcement approach and signals a strategic reset for the consumer watchdog.

While core financial and operational risks remain unchanged, the agency's 2026 supervisory priorities reflect a move toward streamlined, risk-tailored exams compared with the more compliance-driven focus of 2025.

Agency flags rising credit risk, liquidity pressures and fraud concerns while pledging more efficient, risk-focused supervision for credit unions.

Changes clarify data collection, user access and record sharing for mortgage loan originators and institutions.

Agency says rescinding outdated fair-lending rules and redundant policy statements will streamline compliance while leaving core statutory protections and chartering standards unchanged.