Compliance Question of the Week

Will debit card transactions be impacted by the new credit card surcharge rule?

CFPB Seeks Public Comment on Amendment to Credit Card Act Rule

The CFPB is seeking public comment on a proposal to revise a 2011 rule that the Federal Reserve Board had issued on credit card fees in response to a federal court ruling that had granted a preliminary injunction to block the rule from taking effect.

Sen. Murray, Previous Supporter of Credit Unions’ Tax Exemption, to Co-Chair Powerful Committee Charged with Cutting Over $1.5 Trillion in Government Spending

The Northwest Credit Union Association is hopeful that Sen. Patty Murray’s appointment as co-chair of a new deficit reduction committee will be favorable to credit unions.