federal reserve

America’s Credit Unions meets with Fed on debit interchange  

America’s Credit Unions’ Andrew Morris and other industry trade associations met with Federal Reserve Chairman Jerome Powell and Board Governors Adriana Kugler and Christopher Waller Wednesday to reiterate the organizations’ opposition to the debit interchange proposal. This is the organization’s fourth meeting with the Fed this year.   The proposal would make changes to update …

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Credit unions meet with Fed staff on interchange proposal concerns  

America’s Credit Unions’ Madison Rose, Mountain America Credit Union President/CEO Sterling Nielsen, and financial services organizations met with staff from the Federal Reserve Thursday to discuss the Fed’s debit card interchange proposal. America’s Credit Unions strongly opposes the proposal, and has pushed back on it with a multipronged approach that includes meetings with the Fed. …

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Credit unions talk interchange proposal, liquidity with Fed vice chair

Credit unions met with Federal Reserve Vice Chair Philip Jefferson Monday to discuss a range of policy priorities to help credit unions increase service to members and communities. America’s Credit Unions President/CEO Jim Nussle, members of its advocacy team, Leagues, and credit unions discussed the Fed’s debit card interchange cap proposal, liquidity,  the fraud epidemic, …

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