Also: House sends resolution to block CFPB's 1071 rule to Biden; FedNow to host town hall next week

December 4, 2023

This week: Final NDAA expected, congressional committees hold hearings ([link removed] )

This week, lawmakers are expected to file the compromised version of the fiscal year 2024 National Defense Authorization Act (NDAA) after the conference committee finished hashing out differences between the two chambers’ bills. Earlier this year, the House and Senate passed versions of the NDAA that did not include NAFCU-opposed provisions related to interchange or military base leases. The final bill also does not include these provisions.

House passes resolution to block 1071 rule ([link removed] )

The House Friday passed a Congressional Review Act (CRA) resolution with bipartisan support to block the CFPB’s rule that would require credit unions and banks to collect demographic data on small businesses that apply for loans, implementing Section 1071 of the Dodd-Frank Act.

FedNow to host town hall Dec. 13 ([link removed] )

The Federal Reserve is hosting a complimentary virtual town hall Dec. 13 on the FedNow Service. The Fed’s real-time payments system launched in July; more than 200 financial institutions – including several credit unions – are among its participants.

📅✨Register now for 2024 Regulatory Compliance School!

Join your peers and learn from top experts March 18 - 22, 2024 in Arlington, VA at the 2024 Regulatory Compliance School ([link removed] ) . Registration includes the 2024 CU Compliance Roadmap for your entire team! Plus, earn your NCCO when you pass the optional exams.

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NAFCU CALENDAR ([link removed] )

DEC

5
Grounded perspectives on Generative Artificial Intelligence (AI) and Credit Unions ([link removed] )

Complimentary Webinar

DEC

6
NCUA - Share Insurance Rule Amendment ([link removed] )

Comments Due to NAFCU

DEC

7
BSA Back to Basics: CTR and SAR Filings
([link removed] )

Webinar

DEC

7
Breaking Down Silos: Collaborating to Combat Cyber Fraud ([link removed] )

Complimentary Webinar

🎓🏦 Every credit union board deserves comprehensive training.

Register your board and committee members for the 2024 Board of Directors and Supervisory Committee Conference ([link removed] ) April 15 – 18 in Newport, RI for comprehensive training and insights from top experts. View the Agenda ([link removed] ) .

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