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North Carolina continues to make significant progress in addressing medical debt. On November 5, Governor Josh Stein hosted a roundtable discussion in Greensboro to highlight the success of the North Carolina Medical Debt Relief Program and to encourage national credit reporting agencies to strengthen their consumer protection practices.

oday, the Consumer Financial Protection Bureau (CFPB) filed a notice informing the court in NTEU v. Vought that the Department of Justice’s Office of Legal Counsel (OLC) has determined that the Bureau may not legally request funds at this time from the Federal Reserve under Dodd-Frank.

The FDIC has announced that its Consumer Compliance Examination Manual has been revised to reflect an updated examination schedule for financial institutions. As a result, agency consumer compliance examinations and Community Reinvestment Act (CRA) evaluations will occur less frequently for most institutions, according to the FDIC.

Yesterday, the U.S. Department of Justice (DOJ) notified the U.S. District Court for the District of Columbia and the D.C. Circuit in the matter of National Treasury Employees Union v. Vought that the Consumer Financial Protection Bureau (CFPB or Bureau) anticipates exhausting its currently available funds in early 2026. The filing attaches a November 7 opinion from the Office of Legal Counsel (OLC) to Acting Director Vought concluding that the CFPB’s statutory funding stream — quarterly transfers from the “combined earnings of the Federal Reserve System” under 12 U.S.C. § 5497(a)(1) — is unavailable while the Federal Reserve operates at a loss.

It’s the kind of story that shakes a credit union to its core — not because it’s about a stranger breaking in, but because it’s about someone who had the keys all along. A long-time Kansas credit union manager was recently sentenced to more than five years in prison for embezzling over $750,000 from her employer, The theft didn’t just drain the institution’s accounts; it threatened the very safety and soundness of the credit union.