American Credit News

AFSA, together with various trade associations, has sent a letter to key figures in the U.S. Congress advocating for a national privacy framework.

United States Senators Elizabeth Warren and Tina Smith have reached out to President Donald Trump seeking clarification on the effects of his administration's attempt to halt federal funding on the Department of Housing and Urban Development (HUD).

AFSA has expressed its support for Representative Andy Barr's reintroduction of the Taking Account of Bureaucrats’ Spending (TABS) Act.

On January 28, Elora Rayhan from the American Financial Services Association's (AFSA) State Government Affairs team testified at an Oregon committee hearing.

The American Fintech Council (AFC) has announced that Ballard Spahr, a national law firm recognized for its expertise in financial services regulatory compliance and innovation, has joined its Legal Advisory Committee.

On January 29, the Consumer Financial Protection Bureau (CFPB) released a report stating that U.S. military servicemembers "pay higher costs and face greater financial risks" than their civilian counterparts when financing vehicles.

With the Federal Reserve's recent decision on interest rates, Senator Elizabeth Warren has expressed concerns about its potential impact on American jobs and family finances.

JetBlue and Barclays have introduced the JetBlue Premier World Elite Mastercard, a new credit card aimed at providing enhanced value for frequent travelers.

Navy Federal Investment Services, a division of Navy Federal Financial Group and a subsidiary of Navy Federal Credit Union, has been recognized as one of America's Top Financial Advisory Firms for 2025 by Newsweek and Plant-A Insights Group.

The Consumer Financial Protection Bureau (CFPB) recently released the second report in its 2023 Auto Finance Data Pilot series.

The AFSA Extra Credit Podcast has returned for 2025, offering new insights and discussions on the consumer credit industry.

AFSA, alongside its members, has compiled a list of policy requests aimed at increasing transparency and accountability within the Consumer Financial Protection Bureau (CFPB).

New EU-style mandates on American credit cards are expected to benefit large corporate mega-stores, potentially disadvantaging Main Street businesses, consumers, credit unions, and community banks.

The Federal Trade Commission (FTC) has seen recent changes in its leadership.

The American Financial Services Association (AFSA) has submitted a comment letter to the California Privacy Protection Agency regarding proposed updates to the California Consumer Privacy Act (CCPA).

The American Fintech Council (AFC) has announced that Raisin, a global fintech platform for savings and investment solutions, has joined its ranks.

Independent Community Bankers of America (ICBA) has extended its congratulations to Scott Bessent on his confirmation as Treasury Secretary.

SoFi Technologies, Inc. has announced its financial results for the fourth quarter and fiscal year ending December 31, 2024.

House Financial Services Committee Chairman French Hill has extended his congratulations to Scott Bessent following his confirmation as the new Secretary of the Treasury.

The House Financial Services Committee, led by Chairman French Hill, has announced a series of hearings scheduled for February 2025.