Also: Bipartisan leaders pull back curtain on Capitol Hill challenges; CFPB releases proposals for small biz data collection
NAFCU TODAY | The News You Need Daily.
September 16, 2020
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NCUA's Hood, Harper explore CU outlook, priorities post-pandemic [ [link removed] ]
NCUA Chairman Rodney Hood and Board Member Todd Harper provided credit unions with insights into the agency's ongoing efforts to support the industry and its 122 million members amid the coronavirus pandemic, as well as its priorities for moving forward, during NAFCU's Virtual Congressional Caucus Tuesday.
Waters, McHenry talk COVID-19 relief, CU priorities at Caucus [ [link removed] ]
Attendees of NAFCU's Virtual Congressional Caucus Tuesday got insights into Congress' efforts on coronavirus relief and other credit union priorities – including Bank Secrecy Act (BSA) and E-SIGN reforms – directly from House Financial Services Committee Chairwoman Maxine Waters, D-Calif., and Ranking Member Patrick McHenry, R-N.C.
Following announcement at Caucus, CFPB details proposals for small biz data collection [ [link removed] ]
The CFPB Tuesday released its Small Business Regulatory Enforcement Fairness Act (SBREFA) outline of proposals related to Section 1071 of the Dodd-Frank Act, which bureau Director Kathy Kraninger had announced during her Q&A Monday at NAFCU's Congressional Caucus.
NAFCU's Thaler urges Senate advancement of bill to modernize E-SIGN [ [link removed] ]
Ahead of today's Senate Commerce, Science, and Transportation Committee markup of a number of bills, including the E-SIGN Modernization Act of 2020 (S. 4159), NAFCU's Brad Thaler shared the association's support for the legislation. As proposed, the NAFCU-sought legislation would amend the Electronic Signatures in Global and National Commerce (E-SIGN) Act so that it reflects technological advancements and consumer preferences, as well as reduces burdens on financial institutions.
Problem Solvers Caucus: 'We're better when we're united' [ [link removed] ]
Two members of the bipartisan Problem Solvers Caucus, co-founder Rep. Tom Reed, R-N.Y., and Rep. Jimmy Panetta, D-Calif., joined NAFCU Vice President of Legislative Affairs Brad Thaler for a candid discussion about bipartisanship and working to get things done in today's Congress.
Mastercard's Foote tackles short, long term crisis management [ [link removed] ]
Attendees of NAFCU's Virtual Congressional Caucus heard from Mastercard Senior Vice President of Public Policy and Head of Government and Corporate Affairs in North America Tucker Foote yesterday as he tackled policy risks, both short term and long term, and themes credit unions can expect to come down the pike in terms of a potentially changing political landscape.
Sabato closes NAFCU Caucus with November predictions [ [link removed] ]
Political Analyst Dr. Larry Sabato closed NAFCU's Virtual Congressional Caucus with insights into the upcoming presidential election, voting trends, political landscape, and more. Following the presentation, Sabato joined NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt for a live Q&A session.
Berger: NAFCU stands ready to lead CUs into future [ [link removed] ]
In an editorial published in American Banker, NAFCU president and CEO Dan Berger stressed that the association stands ready to help and lead the credit union industry into a new era of financial services amid the coronavirus pandemic.
Thaler offers insights, CU perspective on FHFA proposals ahead of hearing [ [link removed] ]
NAFCU Vice President of Legislative Affairs Brad Thaler wrote to House Financial Services Committee (HFSC) Chairwoman Maxine Waters, D-Calif., and Ranking Member Patrick McHenry, R-N.C., ahead of the committee's hearing reviewing the Federal Housing Finance Agency’s (FHFA) response to the coronavirus pandemic.
Navy Federal Credit Union's Lawton wins 2020 Paul Revere Award [ [link removed] ]
Navy Federal Credit Union Senior Vice President of Regulatory Compliance and Public Policy Mark Lawton received NAFCU's 2020 Paul Revere Award Tuesday at the association's annual Congressional Caucus. The Paul Revere Award recognizes a NAFCU-member credit union advocate who goes to great lengths in his or her grassroots and political efforts.
Strategy to strengthen financial literacy released by Treasury [ [link removed] ]
The Treasury Department Monday released the 2020 National Strategy for Financial Literacy aimed at highlighting best practices to ensure Americans have the skills, knowledge, and tools needed to make informed financial decisions and improve their financial well-being. NAFCU consistently touts credit unions' diligent work to provide members with top-notch financial education resources and tools.
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