White House looks to extend Mulvaney's CFPB tenure


The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.


Credit unions vs. banks: How we got here


Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries.


Do credit unions still warrant a tax exemption?


A bombshell letter from a prominent senator and a court ruling criticizing credit unions’ interpretation of “field of membership” have bankers hopeful that Congress may finally be willing to examine the public-policy purpose of the Depression-era tax break.


NCUA’s Metsger hammers federal judge’s field-of-membership ruling


National Credit Union Administration Board Member Rick Metsger says a federal judge overstepped the court's bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal the decision.


Credit unions face risks if NCUA appeals field of membership ruling


If the National Credit Union Administration appeals a judge's decision against part of its rule, it could help the ABA potentially upend other provisions.


Judge’s ruling a mixed bag for banks, credit unions


A federal judge struck down two provisions of the NCUA's field-of membership rule, while upholding two others.


Judge signals skepticism of credit union expansion


The National Credit Union Administration’s defense of changes to a field-of-membership rule was challenged by a federal judge on Wednesday, suggesting an American Bankers Association lawsuit against the revisions may be successful.


I’m a credit union CEO who agrees with Hatch: Tax big credit unions


Lawmakers should consider taxing large, banklike credit unions that have strayed from their original fields of membership, argues a credit union executive.


NCUA chief urges credit unions to find common ground with banks


National Credit Union Administration Chairman J. Mark McWatters made an appeal to credit union executives to work with small community banks when it comes to advocating for shared goals.


Hatch touches a third rail: Should credit unions be taxed?


Credit union groups were scrambling Wednesday to respond to a letter from Senate Finance Committee Chairman Orrin Hatch questioning whether the industry had outgrown its income-tax exemption.