From NAFCU Today <[email protected]>
Subject SCOTUS sets oral arguments in CFPB funding case
Date July 25, 2023 11:11 AM
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Also: Rate hike expected as FOMC meets; Check out July-August NAFCU Journal for economic insights, more

July 25, 2023

SCOTUS to hear oral arguments in CFPB funding case Oct. 3 ([link removed] )

The oral arguments for the CFSA v. CFPB Supreme Court case have been scheduled for Oct. 3. Earlier this month, NAFCU, CUNA, and the American Association of Credit Union Leagues (AACUL) filed a joint amicus brief in support of CFSA, urging the Court to uphold the U.S. Fifth Circuit Court of Appeals ruling that the CFPB’s funding structure is unconstitutional.

Rate hike anticipated as FOMC begins 2-day meeting ([link removed] )

The Federal Open Market Committee (FOMC) begins its two-day monetary policy setting meeting today. After taking a pause from rate hikes in June, the committee is anticipated to increase rates as it continues to fight against inflation. The federal funds rate currently sits at a range of 5 to 5.25 percent.

ICYMI: July-August issue of The NAFCU Journal available online ([link removed] )

The July-August issue of The NAFCU Journal is available now and can be viewed anytime on the magazine’s virtual hub. Content featured in this issue include a profile celebrating Dan Berger’s 10-year anniversary as president and CEO of the association, as well as an economic outlook for the second half of 2023.

Every CU deserves a BSA expert.

Unlock comprehensive training from anywhere with NAFCU’s BSA School On-Demand ([link removed] ) . Hurry – starts soon!

View the Agenda! ([link removed] )

NAFCU-167x300-conversational-AI ([link removed] )

Elevate your credit union’s story.

Share it with #NAFCUNation

([link removed] ) NAFCU NATION ([link removed] )

NAFCU CALENDAR ([link removed] )

MAY 1 -

SEPT 30

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

An On-Demand Event

JULY

25
FHFA - Fannie Mae and Freddie Mac Single-Family Mortgage Pricing Framework ([link removed] )

Comments Due to NAFCU

JULY

25
Preparing for the CFPB's Section 1071 Rule ([link removed] )

Webinar

JULY

26
The Role of Governance and Risk Assessment in Cybersecurity Success
([link removed] )

Complimentary Webinar

JULY

28
NCUA - Operating Fee Schedule Methodology
([link removed] )

Comments Due to NAFCU

Are You Ready to Seize a Golden Opportunity to Drive Real Change?

Join us NAFCU’s Congressional Caucus ([link removed] ) and advocate for your members in Washington, D.C. this September. Address the key issues with lawmakers and regulators that impact your credit union’s growth and prosperity. Use code BEIMPACTFUL to claim your $200.00 discount by 8/11/23. Register now! ([link removed] )

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