The Senate Thursday passed its version of the fiscal year 2024 National Defense Authorization Act (NDAA) 86-11. The final bill did not include NAFCU-opposed provisions related to interchange or military base lease provisions.
In a new op-ed for CUInsight, NAFCU Senior Vice President of Government Affairs Greg Mesack argued that “credit unions deserve a clear breakdown and explanation for unjustified increases” as the NCUA continues to boost its budget amid NAFCU’s calls “for the NCUA to exercise transparency and fiscal responsibility.”
NAFCU Senior Vice President of Government Affairs Greg Mesack met Thursday with Rep. Al Green, D-Texas, to discuss various credit union issues, including the Community Development Financial Institution (CDFI) Fund and interchange.
NAFCU's widely read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.
According to data from the Commerce Department, the U.S. economy experienced moderate growth of 2.4 percent in the second quarter of 2023. NAFCU Economist Noah Yosif described the growth as “an upside surprise against consensus expectations.”
