House Financial Services Committee Chairman Patrick McHenry (R-N.C.) announced Tuesday he will not seek another term in next year’s general election. McHenry has served for two decades – the last six as the Republican leader for the committee.
NAFCU Senior Counsel for Research and Policy Andrew Morris wrote to the Office of Management and Budget (OMB) in response to its memo on governance, innovation, and risk management for regulatory agencies opting using artificial intelligence (AI).
NAFCU and CUNA wrote to the House Financial Services Subcommittee on Housing and Insurance ahead of its hearing today on housing affordability to tout credit unions’ work to provide comparatively lower rates on mortgage loans, especially amid “challenging times.”
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