Also: See what arguments were made in SCOTUS’ CFPB funding case; NAFCU calls on CFPB to be transparent of AI, ML use

October 4, 2023

McCarthy removed as House Speaker ([link removed] )

Members of the House Tuesday voted to remove Rep. Kevin McCarthy, R-Calif., as speaker of the chamber, 216-210. McCarthy is the first speaker to be removed from the post in U.S. history.

SCOTUS hears arguments on CFPB’s funding constitutionality ([link removed] )

The U.S. Supreme Court yesterday heard oral arguments in the CFPB v. CFSA case. In July, 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.

NAFCU calls on CFPB to be transparent about AI usage ([link removed] )

NAFCU Senior Counsel for Research and Policy Andrew Morris wrote to CFPB Director Rohit Chopra calling on the bureau to be more transparent about potential supervisory use of artificial intelligence (AI) and machine learning (ML). Morris highlighted that the CFPB has revealed an intent to leverage AI within the supervisory prioritization process but has failed to provide information about its specific use.

📣 📣 Last call! Enroll now for NAFCU's BSA School On-Demand

Secure your spot before 9/30 and dive into learning until 12/1/23. 🏫

Register Now ([link removed] )

Last chance to join Ecority’s application for Greenhouse Gas Reduction Fund ([link removed] )

In response to overwhelming interest, Ecority – an independent nonprofit established to leverage and scale the $27 billion EPA-administered Greenhouse Gas Reduction Fund (GGRF) – has reopened the opportunity for credit unions to indicate their interest in supporting Ecority’s GGRF application through Sunday, Oct. 8.

1156836133_Indirect-lending-new-generation_DIGITAL_v3_167x300 (1) ([link removed] )

NAFCU CALENDAR ([link removed] )

OCT

4
Unlocking Potential: Harnessing Loan Participations for Optimal Balance Sheet Management ([link removed] )

Complimentary Webinar

OCT

5
What’s Happening at Nacha: ACH Update and an Expanded Risk Framework ([link removed] )

Webinar

OCT

17
Disability Management and Mental Health Issues in a Post Covid World ([link removed] )

Webinar

OCT

17
Building a Powerful Threat Surveillance Solution with Cyber Threat Intel ([link removed] )

Complimentary Webinar

OCT

23 - 27
Management and Leadership Institute ([link removed] )

Annapolis, MD

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Take our FREE Online Training Needs Assessment ([link removed] ) for personalized pricing! NAFCU's Online Training Subscriptions offer round-the-clock access to invaluable resources for your entire team. Subscribe Today! ([link removed] )

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