Although an interpretive rule that made Buy Now Pay Later (BNPL) services subject to the Truth in Lending Act has been withdrawn, the issue remains a flashpoint in the industry and among policymakers, according to the Congressional Research Service (CRS).
The National Credit Union Administration (NCUA) today released its fourth quarter state-level credit union data report for 2025. Report findings indicate that for federally insured credit unions, assets increased by 3.3 percent at the median over the year ending in the fourth quarter of 2025.
The Office of the Comptroller of the Currency (OCC) today released enforcement actions for March 2026. The OCC uses enforcement actions against an institution-affiliated party (IAP) to deter, encourage correction of, or prevent violations, unsafe or unsound practices, or breaches of fiduciary duty.
The Federal Trade Commission is sending more than $10.9 million to consumers harmed by a credit repair operation known by multiple names including Financial Education Services (FES), United Wealth Education, United Credit Education Services, and Youth Financial Literacy Foundation.
On March 11, the Federal Trade Commission (FTC) issued a new Advance Notice of Proposed Rulemaking (ANPRM) to revisit its Rule Concerning the Use of Prenotification Negative Option Plans. The move follows the Eighth Circuit’s 2025 decision vacating the FTC’s 2024 amendments (discussed here), which would have imposed uniform requirements on subscriptions, auto‑renewals, and trial‑to‑pay offers across all marketing channels.
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