A Small Business Regulatory Enforcement Act (SBREFA) panel convened by the CFPB shared several recommendations made by America’s Credit Unions regarding the bureau’s Fair Credit Reporting Act (FCRA) proposal. The CFPB published its report from the panel Wednesday. This follows a CFPB outline of FCRA proposals under consideration published in September, which America’s Credit Unions …
Rep. Scott Fitzgerald, R-Wis., spoke on the House floor Thursday in support of his bill that would allow federal credit unions to make loans with maturities up to 20 years. Fitzgerald introduced the America’s Credit Unions-supported legislation with Reps. Juan Vargas, D-Calif., Young Kim, R-Calif., and Brad Sherman, D-Calif. “My bill, the Expanding Access to …
The NCUA released the agenda for its January Board meeting, noting that the agency will receive a briefing on its 2024-2026 Diversity, Equity, Inclusion, and Accessibility strategic plan and discuss its 2024 annual performance plan. The NCUA’s performance plan provides specific direction and guidance toward achieving the mission and the strategic goals and objectives outlined …
The Bureau of Labor Statistics Thursday released its monthly consumer price index report for December. America’s Credit Unions’ Senior Economist Dawit Kebede provided an analysis of the 0.3 percent increase consumers saw last month after slowing down in the prior two months, resulting in a 3.4 percent rate over the last 12-months. “Core inflation, a …
