NAFCU's
Long on CUbroadcast: Unemployment claims expected to exceed 3M
Joining
CUbroadcast this week, NAFCU Chief Economist and Vice President of Research Curt
Long shared an economic update with viewers in light of the coronavirus outbreak.
Senate
work continues on Phase 3; NAFCU releases table on coronavirus guidance
Negotiations in the Senate continued Tuesday on the Phase 3 coronavirus relief
package. NAFCU's advocacy team has been aggressively lobbying Capitol Hill
and working with agencies and regulators to ensure credit unions concerns are
addressed. The association also has a new table outlining guidance from regulators
to help credit unions identify recent changes to rules and operations.
Register
now for coronavirus briefing, NCUA updates, more
As lawmakers continue
to look at ways to provide consumers, businesses, and financial institutions with
relief to support recovery from the coronavirus pandemic, credit unions will hear
important updates from NAFCU's award-winning advocacy team on the association's
Q1 Member Call-In happening March 31. NAFCU President and CEO Dan Berger will
be joined on the call – set to begin at 4 p.m. Eastern – by Executive Vice
President of Government Affairs and General Counsel Carrie Hunt and other senior staff.
Compliance-Related
FAQs Regarding COVID-19
Questions on how the coronavirus pandemic
impacts credit unions are answered here
NAFCU
resources available to support CUs
NAFCU is committed to ensuring credit
unions' success and continued growth. That's why during the coronavirus
pandemic, the association's award-winning advocacy team has stepped up its
lobbying to ensure credit unions are protected and receive relief.
Appeals
court vacates decision, reopens case on CFPB structure
The Fifth Circuit
Court of Appeals last week reversed its decision regarding the CFPB's constitutionality,
reopening the case CFPB v. All American Check Cashing and granting a rehearing
en banc. The Fifth Circuit had previously found that the CFPB’s structure was
constitutional, but determined the issue was ultimately in the hands of the U.S. Supreme Court.
New-home
sales: NAFCU expects continued drop followed by modest rebound
New-home
sales fell 4.4 percent from January's revised rate of 800,000 annualized
units to 765,000 units in February. NAFCU Chief Economist and Vice President of
Research Curt Long noted growth in sales in all four regions compared to a year ago.
