Also: Fed’s Beige Book shows modest summer growth; Senate confirms Jefferson as Fed vice chair
NAFCU Today

September 7, 2023

Nussle announces forums for CEOs on proposed merger

CUNA President and CEO Jim Nussle Wednesday announced a series of virtual forums for NAFCU and CUNA member CEOs to learn more about the associations’ proposed transformation to America’s Credit Unions.

Beige Book indicates modest growth in July, August

The Federal Reserve released its Beige Book Wednesday, revealing modest growth in July and August. Consumer spending on tourism was stronger than expected but other retail spending continued to slow, especially on non-essential items.

Senate confirms Fed vice chair

The Senate Wednesday confirmed Philip Jefferson to serve as vice chair of the Federal Reserve Board of Governors 88-10. Jefferson is a current member of the Fed and succeeds Lael Brainard as vice chair for the remaining four years of his term.


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Regulators Scrutinizing So Called "Junk" Fees
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How AMOCO FCU is optimizing their portfolio in challenging times
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