Consumer credit increased at a seasonally adjusted annual rate of 3.4% in February, the Federal Reserve reported today. Nonrevolving debt—the category that includes auto loans and student loans—increased at an annual rate of 0.9%, while revolving debt, which includes credit cards, increased at an annual rate of 10.2%.
ABA questions OCC approval of trust charters for crypto companies
ABA President and CEO Rob Nichols said the OCC's approvals raise important questions about the scope and oversight of the institutions.











