‘States Must Act’: Utah's Gov. Pushes for AI Regulations Ahead of Federal Preemption Talk
By Alixel Cabrera, Utah News Dispatch
The Utah Legislature is also gearing up to sponsor more bills to control deep fakes, AI companions and technology in classrooms.
Government should not be telling tech companies how to develop their artificial intelligence, Utah Gov. Spencer Cox says, but it must be in the business of protecting children…
Read MoreU.S. Deregulation May Spark New State-Level Rules
Published in FinTech Global
While headlines around federal deregulation in the United States paint a picture of reduced compliance burdens, an emerging countertrend may be brewing at the state level.
As federal authorities under the Trump administration move to loosen certain financial and business regulations, many state governments are preparing to tighten their own rules — potentially leading to more regulation overall. Cardamon CEO and co-founder Areg Nzsdejan recently raised this point, noting that conversations with several compliance leaders have revealed growing concern…
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Wisconsin State-Chartered Credit Unions Report Sound Third-Quarter Financial Performance
By Wisconsin Department of Financial Institutions (DFI), Published in Urban Milwaukee
Wisconsin’s state-chartered credit unions reported sound financial performance through the third quarter of 2025, according to data released today by the Wisconsin DFI.
As of September 30, 2025, there were 99 state-chartered credit unions serving Wisconsin residents. At the end of the third quarter, total assets for Wisconsin’s state-chartered credit unions rose to $69.4 billion. This is an increase of $3.4 billion since year-end 2024. Over the same period, loans outstanding grew by $2.3 billion,…
Read MoreTenth Circuit Reverses Colorado Preliminary Injunction in Rate Opt-Out Lawsuit
Published in ABA Banking Journal
Issue: Whether Colorado’s “rate opt-out law” violates the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA).
National Association of Industrial Bankers v. Weiser Case Summary: In a 2-1 decision, a Tenth Circuit panel reversed the District Court of Colorado’s preliminary injunction, which prevented Colorado from enforcing its “rate opt-out law.” DIDMCA authorized state-chartered banks to charge interest at a rate permissible in the state “where the bank is located.” At the same time, Congress allowed states to “opt-out” from the preemptive effect of this provision,…
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Credit Unions Under Fire: Why Taxing Them Could Hurt Communities and Consumers
By Robin Hess, CUInsight
For nearly a century, credit unions have enjoyed a federal tax exemption designed to support their mission: serving people of modest means through a cooperative, not-for-profit model.
Today, as credit unions grow larger and more bank-like, the question of whether this exemption still makes sense has resurfaced. Recent studies, surveys, and policy proposals reveal a heated debate with significant implications for consumers, communities, and the financial industry.
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