News Topic: politics

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NCUA Chairman Todd Harper has reiterated his call for CUs not to garnish members' econimic impact payments, while the industry's largest PAC has resumed campaign contributions after a brief pause. ]] ... Read full article

Election-reform advocates say the American Bankers Association and other organizations should take into account candidates’ commitment to democracy, not just their stances on issues, in directing donations. ... Read full article

Issued in the final days of the Trump administration, the regulation has united banks, gun-control advocates and environmentalists in opposition. It could be blocked by Congress or a comptroller chosen by the new president. ... Read full article

Jamie Dimon said the reason JPMorgan Chase paused donations from its political action committee is to give the biggest U.S. bank time to reevaluate how it contributes to campaigns following last week's deadly siege on the Capitol. ... Read full article

Bank of America’s employee-funded political action committee is putting its allocation decisions on hold after a right-wing mob stormed the U.S. Capitol last week. ... Read full article

The actions follow earlier announcements from Marriott International, Blue Cross Blue Shield and Commerce Bancshares, which said they are suspending financial support for all lawmakers who voted against certifying Joe Biden's election as president. ... Read full article

PayPal Holdings closed an account held by Joy In Liberty, one of the groups that paid for supporters of President Donald Trump to travel to Washington, where mobs stormed the U.S. Capitol on Wednesday. ... Read full article

Several members of Congress challenging the result of the 2020 presidential contest received financial support from trade groups that could find themselves in hot water with some constituents. ... Read full article

The biggest questions following the former chairman's resignation aren't about regulation but whether the agency can recapture a spirit of bipartisanship and collaboration. ... Read full article

A contentious presidential contest and social justice protests have forced employers to consider whether these types of topics should be discussed in the workplace. ... Read full article

Bill Bynum, president and CEO of Hope Federal Credit Union, and Gail Laster, former director of the National Credit Union Administration's consumer-protection division, are working with the incoming administration. ... Read full article

Managers have been trained on how to resolve conflicts with customers. They can use that training to minimize intraoffice political squabbling. ... Read full article

Former Commodity Futures Trading Commission Chairman Gary Gensler and KeyBank NA executive Don Graves have been tapped to examine financial regulators as part of Joe Biden’s presidential transition, according to a person familiar with the matter. ... Read full article

The trade group supported 11 incumbents running for re-election, including the embattled Maine Sen. Susan Collins, and may have helped Republicans maintain control of the Senate. ... Read full article

A disputed outcome could cause significant market turmoil in the coming months — and have far more serious repercussions over the longer term. ... Read full article

The industry supports candidates on both sides of the aisle but has tilted towards Democrats during this cycle. Experts say that's partly a reflection of the current makeup of Congress. ... Read full article