Net income for FDIC-insured banks increased 6.9% during Q1 2015.
Trades say the bill lacks a provision for retailer financial liability.
FCC, FTC voice objections to the draft bill released by the House Energy and Commerce Committee.
Credit union leaders will advocate for preserving the tax exemption, regulatory relief and national data security standards.
Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.
NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Senate Banking Committee chairman will not go on record regarding his position on protecting the CU tax exemption.
Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
Lower overdraft fees and expanded opt-in are possible provisions of a new overdraft rule, expected from the CFPB mid-year.
Mandate would clarify, strengthen obligations companies have to notify customers when their data has been compromised.