Also: Petros joins virtual panel today on lending landscape; CFPB to host hearing on medical debt issues

July 7, 2023

NY Fed publishes report on digital assets payments system ([link removed] )

The Federal Reserve Bank of New York’s New York Innovation Center Thursday published a report on the feasibility of an interoperable network for wholesale payments operating on a shared multi-entity distributed ledger.

Petros joins Independent Women’s Forum Policy Discussion ([link removed] )

Today, NAFCU Vice President of Regulatory Affairs Ann Petros is scheduled to join the Independent Women’s Forum for a virtual policy chat on protecting lending services for unbanked, low-income Americans.

CFPB to host hearing on medical billing, collections ([link removed] )

The CFPB will host a hearing on medical billing and collections, with a focus on medical payment products – such as medical credit cards and installment loans – featuring CFPB Director Rohit Chopra and agency officials from the White House, the Department of Health and Human Services, and the Treasury Department. The hearing will be held in-person Tuesday at 10 a.m. Eastern at the CFPB headquarters in Washington, D.C., and will be available online via livestream.

BE HEARD IN D.C. AT NAFCU'S CONGRESSIONAL CAUCUS

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New Compliance Blog post tackles personal loans for college tuition ([link removed] )

As credit unions work to meet the needs of more than 137 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog. Of note, there was only one post published this week as NAFCU’s office was closed Monday in observance of the Independence Day holiday.

Auto sales increase in June, buyers ‘unfazed’ by inflation ([link removed] )

Total vehicle sales increased 600,000 annualized units in June and monthly sales levels were up 24.2 percent year over year. NAFCU Economist Noah Yosif analyzes the data in a new Macro Data Flash report.

ICYMI: NAFCU talks top CU issues with CUbroadcast’s Lawson ([link removed] )

CUbroadcast founder and host Mike Lawson was on-site at Engage 2023: NAFCU’s Annual Conference in Long Beach, Calif. Throughout the week, Lawson spoke with NAFCU leaders, including President and CEO Dan Berger and Senior Vice President of Government Affairs Greg Mesack, and other conference speakers about issues facing the credit union industry, leadership strategies, and more.

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Regulatory Compliance School On-Demand ([link removed] )

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Lending and the Economy: A Mid-Year Review
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Don't Let the SCRA and MLA Trip You Up!
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Navigating the Latest in Litigation
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13
2023 NAFCU–Gallagher Executive Compensation and Benefits Report
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Complimentary Webinar

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