Also: NAFCU, CUs meet with Treasury on industry issues; November jobs report gives ‘mixed messages’
December 11, 2023
This week: Senate NDAA vote expected; NAFCU monitoring FOMC, NCUA meetings ([link removed] )
This week, the Senate is expected to vote on the compromised fiscal year 2024 National Defense Authorization Act (NDAA) after the final text – free of NAFCU-opposed provisions - was released last week.
NAFCU meets with Treasury on CU issues ([link removed] )
NAFCU’s Senior Vice President of Government Affairs Greg Mesack, Vice President of Regulatory Affairs Ann Petros, and Senior Counsel for Research and Policy Andrew Morris – along with several credit unions – met Friday with staff from the Treasury Department. During the meeting, attendees discussed important credit union issues.
November jobs report gives ‘mixed messages’ ([link removed] )
New data from the Bureau of Labor Statistics revealed 199,000 jobs were added in November. Gains in October remained the same and September was revised down 35,000. NAFCU Chief Economist and Vice President of Research Curt Long provided insights in a new Macro Data Flash report.
CEOs and Senior Executives Conference ([link removed] )
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Consumer credit growth slows further ([link removed] )
Total consumer credit grew at a seasonally-adjusted, annualized rate of 1.2 percent in October and is up 3.1 percent compared to a year ago. NAFCU Vice President of Research and Chief Economist Curt Long, in a new Macro Data Flash report, noted the decelerated growth resulted “in the slowest pace of growth on a year-over-year basis since April 2021.”
NAFCU Today - Origence ([link removed] )
NAFCU CALENDAR ([link removed] )
DEC
12
Risk Chronicles: Lessons and Outlooks – Did We Learn? ([link removed] )
Complimentary Webinar
DEC
14
Turning challenges into opportunities: Consumer loan strategies for member growth ([link removed] )
Complimentary Webinar
DEC
22
CFPB - Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications
([link removed] )
Comments Due to NAFCU
JAN
4
Financial Crimes Enforcement Network - Beneficial Ownership Reporting Requirements ([link removed] )
Compliance Deadline
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