THE news

WASHINGTON—Some 23 federal agencies were found to have come up short in their cybersecurity efforts even as attacks on their IT infrastructures continue to grow and concerns about foreign interference in the upcoming 2020 elections persist, according to a Government Accountability Office report.

WASHINGTON–Alleging credit unions are showing “troubling parallels” to the 1980s savings & loan crisis, state bankers associations in 50 states plus Puerto Rico have sent a joint letter to the Ways & Means committees of both the House and Senate demanding renewed oversight over credit unions, including hearings on whether the “tax- exempt credit union industry lives up to the ideals of its founding.”

WASHINGTON–Alleging credit unions are showing “troubling parallels” to the 1980s savings & loan crisis, state bankers associations in 50 states plus Puerto Rico have sent a joint letter to the Ways & Means committees of both the House and Senate demanding renewed oversight over credit unions, including hearings on whether the “tax- exempt credit union industry lives up to the ideals of its founding.”