Also: Mesack details CFPB burdens ahead of hearing on reg overreach; FOMC starts 2-day meeting, expected to hold rates
NAFCU Today

September 19, 2023

NAFCU calls on CUs to push back on interchange

NAFCU Vice President of Legislative Affairs Brad Thaler sent a message to members Monday, urging outreach to lawmakers to oppose the big box bailout bill – the Credit Card Competition Act (CCCA) – as efforts are underway to attach it to must-pass government funding bills. NAFCU has fought hard against the bill, and many credit unions joined the fight in Washington, D.C., at the association’s Congressional Caucus.

NAFCU details CFPB’s egregious regulatory overreach ahead of hearing

NAFCU Senior Vice President of Government Affairs Greg Mesack wrote to the House Financial Services Subcommittee on Financial Institutions and Monetary Policy ahead of its hearing examining regulatory overreach to detail how overregulation has harmed the credit union industry.

FOMC meets today; no rate hike expected

The Federal Open Market Committee (FOMC), the monetary policy-setting arm of the federal reserve, begins its two-day meeting today.


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  NAFCU CALENDAR
SEPT
19 - 21
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Understanding Credit Card Portfolio Sales & Agent Programs
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26 - 28
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27
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