Also: Get an update on who's coming to Caucus; Powell stays 'neutral' on monetary policy



NAFCU TODAY | The News You Need Daily.

August 26, 2019



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This week: NAFCU talks BSA/AML at FinCEN, economy at Chicago Fed [ [link removed] ]
While Congress remains at home for August recess this week, NAFCU's advocacy team continues to hold high-profile meetings – including at the Financial Crimes Enforcement Network (FinCEN) and Federal Reserve Bank of Chicago – on key issues facing the credit union industry. The association is also active on Capitol Hill gearing up for its Congressional Caucus.


NAFCU adds more speakers to Caucus schedule [ [link removed] ]
NAFCU's Congressional Caucus is just two weeks away and the agenda is quickly filling up with notable speakers, in addition to hundreds of planned meetings with credit unions and lawmakers on Capitol Hill. See who's been added to the lineup.


Powell: Fed 'working to sustain' favorable economy [ [link removed] ]
Federal Reserve Chair Jerome Powell, during a speech at the Federal Open Market Committee's annual retreat in Jackson Hole, Wyo., Friday, described the U.S. economy as being "in a favorable place" and said the Fed is "working to sustain these conditions in the face of significant risks."






5M cards exposed in supermarket breach [ [link removed] ]
Compromised gas pumps, coffee shops and restaurants operated by Hy-Vee – an Iowa-based company that operates more than 245 supermarkets throughout the Midwest – may have led to over 5 million credit and debit accounts being exposed and sold online.


Compliance Blog covers banking members with limited English proficiency [ [link removed] ]
In a new post on the Compliance Blog, NAFCU Regulatory Compliance Specialist Alma Calcano outlines federal regulatory requirements for advertisements and disclosures that credit unions should consider.



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