Supreme
Court to examine CFPB constitutionally today; NAFCU to attend oral arguments
The U.S. Supreme Court will hold oral arguments today in a case brought by Seila
Law against the CFPB that challenges the agency's single-director structure.
NAFCU has long held that the CFPB's leadership structure should be reformed
to a commission-based model to ensure transparency and accountability.
NAFCU
meets with FCC to further address call blocking concerns
Members of
NAFCU's Regulatory Affairs team joined a coalition of other organizations
yesterday for a meeting with the Federal Communications Commission (FCC) to discuss
the Declaratory Ruling and Notice made in June 2019 to allow call blocking and
implement a new caller identification framework known as SHAKEN/STIR, as well
as the implementation of the TRACED Act.
SCOTUS:
Third parties do not have the right to sue under the FHA
The Supreme
Court Monday vacated a previous decision ruling plaintiffs can no longer rely
on the Eleventh Circuit Court's decision in City of Miami v. Wells Fargo
& Co as a source of support in similar cases. The City of Miami last month
filed the Suggestion of Mootness following its voluntarily dismissal of pending
lawsuits against Bank of America, Wells Fargo, Citigroup, and JPMorgan Chase related
to discriminatory practices under the Fair Housing Act.
Time is running out to enter!
Nominate your
CU for a NAFCU Annual Award by 3/6
Save
$200 off BOD conference by Friday, register for guest tours
NAFCU's
Board of Directors and Supervisory Committee Conference is designed to equip credit
union volunteers with the key trends, strategies and concepts needed to get results
and ensure a safe and sound institution. Save $200 on registration for the conference
with code BOARDSAVINGS until 11:59 p.m. Eastern Friday.
FedNow,
OMB memo, more on NAFCU Cyber and Payments Committee agenda
NAFCU’s
Cybersecurity and Payments Committee today is set to discuss the latest developments
on the FedNow service, the CFPB’s trial disclosure sandbox and other industry hot topics.
NCUA,
Treasury to Host MDI Forum; NAFCU to attend
The NCUA, in partnership
with the Treasury Department, will be hosting A Minority Depository Institution
(MDI) Forum this week that will focus on preserving MDIs, promoting the financial
health of minority populations and economic development for underserved areas.
NAFCU Director of Regulatory Affairs Ann Kossachev will be in attendance.
CU
leaders review what’s new in data-driven growth, social media marketing, more at Strategic Growth
NAFCU’s Strategic Growth Conference continues today with several presentations
on hot credit union industry topics such as technology modernization and generational
marketing, as well as a panel discussion that will focus on social media strategy.
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