American Credit News

Today, Patrick McHenry, the Chairman of the House Financial Services Committee, announced that French Hill has been chosen by the House Republican Steering Committee to lead the House Financial Services Committee as its next Chairman.

The American Fintech Council (AFC) has extended its congratulations to Congressman French Hill following his election as the Chair of the House Financial Services Committee.

The Bank of America Chicago Marathon is set to inform runners today about their selection status for the 2025 event.

Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey has expressed strong opposition to the Consumer Financial Protection Bureau’s (CFPB) new rule on overdraft services.

The Bank Policy Institute (BPI) has announced the promotion of four staff members, acknowledging their exceptional performance.

EPC Executive Chairman Richard Hunt has expressed support for Congressman French Hill following his election as the new Chairman of the House Financial Services Committee.

Billd has announced a partnership with Atlas SP Partners, securing a $144 million financing facility.

Ranking Member Tim Scott of South Carolina has expressed his disapproval of the Consumer Financial Protection Bureau's (CFPB) final rule that caps overdraft fees at banks and credit unions.

The Defense Credit Union Council (DCUC) has announced that the U.S. House of Representatives has released the 2025 National Defense Authorization Act (NDAA).

After a postponed U.S. Senate Committee on Banking, Housing, and Urban Affairs markup vote on President Biden's nominees, Ranking Member Tim Scott criticized the committee's operations and transparency.

State and federal policymakers, including elected officials, regulators, and the courts, are expected to play crucial roles in addressing various emerging issues.

The 2025 Vehicle Finance Conference & Expo will explore the impact of artificial intelligence (AI) on auto finance strategies.

By the end of 2024, Bank of America's corporate clients are expected to approve over $1 trillion in payments using the CashPro App.

The Federal Reserve is considering enhancements to its discount window, a crucial source of contingency funding.

The American Fintech Council (AFC) has announced that Community Investment Management (CIM) has joined as its newest strategic partner.

The Association of Military Banks of America (AMBA) is continuing the legacy of Raleigh A. "Andy" Trovillion through the annual Andy Trovillion Scholarship.

Independent Community Bankers of America (ICBA) leaders Rebeca Romero Rainey and Paul Merski have been recognized for their advocacy efforts by being named to The Hill’s Top Lobbyists List for 2024.

In Washington, D.C., a response was issued by Ranking Member Tim Scott (R-S.C.) following Chairman Brown's announcement regarding the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

In Washington, D.C., Senator Tim Scott (R-S.C.), the Ranking Member of the Senate Banking Committee, is leading a group of Republican senators in expressing concerns over the Biden administration's enforcement of sanctions on Iran's oil sector.

In preparation for the holiday shopping season, Bank of America has introduced PazeSM, a new online checkout solution for its credit and debit cardholders.