Also: Berger, on CNN International, talks coronavirus; NAFCU touts CUs' financial literacy during America Saves Week
NAFCU TODAY | The News You Need Daily.
February 24, 2020
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This week: NAFCU, CUs meet with Treasury's Muzinich; CFPB holds symposium on data access [ [link removed] ]
Congress returns to session this week and NAFCU will be active on Capitol Hill as the House Financial Services Committee holds a markup of several bills. The association and credit unions will also meet with Treasury Department Deputy Secretary Justin Muzinich and attend the CFPB's symposium on consumer access to financial records.
NAFCU's Berger joins CNN International, talks coronavirus' economic impact [ [link removed] ]
NAFCU President and CEO Dan Berger joined CNN International's Quest Means Business last week to discuss the impact the coronavirus is having on the U.S. and global economies.
America Saves Week: Commit to saving successfully [ [link removed] ]
America Saves Week kicks off today, and throughout the week NAFCU is highlighting the efforts of member credit unions with strong financial education programs. America Saves Week has been an annual celebration and call to action since 2007 and – with more than 1,700 organizations involved – the week-long program encourages everyday Americans to commit to saving successfully.
NAFCU's 2020 Advocacy Priorities. Because to us, it's personal. Read Advocacy Priorities [link removed]
CFPB issues updated debt collection proposal [ [link removed] ]
The CFPB Friday published a supplemental notice of proposed rulemaking related to the issue of time-barred debt. Debt collection was included on the CFPB's fall rulemaking agenda and NAFCU has urged the bureau to exempt credit unions from any rulemakings on the issue. The rule, as proposed, does not apply to credit unions.
NAFCU expects steady growth for existing-home sales in 2020 [ [link removed] ]
Existing-home sales decreased 1.3 percent in January to a seasonally-adjusted, annual rate of 5.46 million units. This represents a 9.6 percent increase in sales versus a year ago and NAFCU Chief Economist and Vice President of Research Curt Long said growth is expected to continue steadily in a new Macro Data Flash report.
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