Credit union leaders are testifying on behalf of America’s Credit Unions at two hearings today: a Senate Banking Committee hearing on fees and a CFPB/Department of Transportation (DOT) hearing on airline and credit card rewards programs. Afena Federal Credit Union President/CEO Karen Madry—chair of America’s Unions Small Credit Union Committee—testifies before the Senate Banking Committee’s …
The Senate Wednesday rejected by a vote of 85-12 an effort by Sen. Roger Marshall, R-Kan., to consider unrelated amendments, including the Big Box Bailout bill, to the Federal Aviation Administration (FAA) reauthorization. America’s Credit Unions has led efforts to oppose the Credit Card Competition Act, arguing the legislation to extend interchange routing requirements to …
America’s Credit Unions President/CEO Jim Nussle stressed credit unions’ support of a strong national data security and privacy standard in a letter to the Senate Commerce Committee Subcommittee on Consumer Protection, Product Safety, and Data Security Wednesday. “Since 2005, there have been more than 18,000 data breaches exposing billions of consumer records,” Nussle highlighted. “These …
