The House and Senate remain in session this week with lawmakers continuing to work on must-pass legislation, including the National Defense Authorization (NDAA) and appropriations bills. In addition, NAFCU will monitor several hearings on Capitol Hill and Thursday’s NCUA Board meeting for the agency’s final rule implementing changes to the Federal Credit Union (FCU) Bylaws.
The Environmental Protection Agency (EPA) Friday announced it launched two funding opportunity notices totaling $20 billion across two grant competitions under the Greenhouse Gas Reduction (GHGR) Fund. The EPA noted “these competitive grant opportunities will mobilize private capital into clean technology projects.”
NAFCU and nine financial trade associations wrote to Congress to express opposition to big-box bailout legislation potentially being added as an amendment to the fiscal year 2024 National Defense Authorization Act (NDAA) on Friday, ahead of the House passing its version of the defense bill mostly along party lines without any provisions on interchange.