House appropriators released Financial Services and General Government (FSGG) and State, Foreign Operations, and Related Programs (SFOPS) legislation for FY25 Tuesday with several items of interest for credit unions. Financial Services and General Government The FSGG bill has $276 million for the Treasury’s Community Development Financial Institutions (CDFI) Fund ($49 million less than President Joe …
The CFPB Tuesday issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services. The CFPB stated many consumer contracts include terms and conditions that claim to limit consumer rights and protections and this fine print may just be an attempt to “confuse people …
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