American Credit News

Neil Walker, Managing Director of Macro Modelling and Scenarios at Oxford Economics, said that the Durbin-Marshall credit card bill could significantly harm local economies reliant on travel and hospitality.

The Oxford Economics Research has published a study examining the projected consumer and issuer impacts of the proposed Credit Card Competition Act.

Senator Dick Durbin of Illinois has announced he will not seek re-election at the end of his term, concluding a lengthy career in the U.S. Senate.

Bank of America has released its 2025 Specialty Asset Management (SAM) Outlook, focusing on the market dynamics affecting commercial real estate (CRE), farmland, timberland, and energy assets.

Hayden Cole, Director of Federal Government Affairs at the American Fintech Council (AFC), released a statement regarding the recent hearing by the House Financial Services Subcommittee on Financial Institutions.

As discussions on credit and debit card transactions continue, the Merchants Payments Coalition (MPC) has shared figures on social media that suggest a significant impact on retail sales driven by card payments.

United States Senator Elizabeth Warren has commented on the impact of tariffs imposed under President Donald Trump's administration.

U.S. Senators Elizabeth Warren and Patty Murray have called on the Inspector General of the Department of Housing and Urban Development (HUD) to investigate the alleged delay of disaster relief funding under the Trump Administration.

Rooms for the 2025 Independents Conference & Expo, hosted by the American Financial Services Association (AFSA), must be reserved by May 2.

Sixteen cultural institutions worldwide have been selected as grant recipients of the 2025 Bank of America Art Conservation Project.

U.S. Senator Elizabeth Warren, along with 40 Democratic Senators, has directed a letter to CFPB Acting Director Russell Vought.

U.S. Senator Elizabeth Warren is raising concerns about President Donald Trump’s impact on the U.S. economy during his first 100 days in office.

Consumer payment preferences are evolving, and modern payment technologies are adapting to meet the increasing demand for debit transactions.

The American Fintech Council (AFC) has lauded recent Congressional actions aimed at revamping the federal student lending program.

Sarah Flowers, senior vice president and senior associate general counsel of regulatory affairs at the Bank Policy Institute (BPI), is set to testify before the U.S. House Subcommittee on Financial Institutions and Monetary Policy.

Capital One announced a $1 million investment to support Community Development Financial Institutions (CDFIs) in New Orleans.

U.S. Senator Elizabeth Warren and Congresswoman Maxine Waters have called for an investigation into the Board of the National Credit Union Administration (NCUA) following the alleged illegal firings of two of its members by President Trump.

AFSA has recently issued a response to the New York Department of Motor Vehicles concerning new guidelines for electronic lien and lease reporting.

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AFSA's State Government Affairs team recently submitted a comment letter to the Rhode Island Senate Committee on Commerce about Senate Bill 17, aimed at addressing "junk fees" and deceptive pricing practices.