Also: NAFCU outlines reg approach to fintech; Berger, Kraninger give updates at Caucus today
NAFCU TODAY | The News You Need Daily.
September 9, 2019
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This week: Hundreds of CUs in D.C. for Caucus [ [link removed] ]
NAFCU's Congressional Caucus kicks off today and runs through Wednesday, with hundreds of credit union representatives in Washington to advocate on key industry issues as the House and Senate return to session. This year's Caucus boasts a record number of meetings on Capitol Hill, and several credit unions will also meet directly with regulators.
NAFCU outlines reg approach to bolster CU, fintech relationships [ [link removed] ]
Now available is a new NAFCU whitepaper that charts a path forward for regulatory coordination in order to achieve an even playing field between traditional financial institutions and fintech companies. Through its recommendations, the association seeks to empower credit unions with the tools to innovate and serve their communities better and more efficiently, while ensuring proper congressional and regulatory oversight of fintech.
Caucus kicks off today with updates from NAFCU's Berger, CFPB's Kraninger [ [link removed] ]
Hundreds of credit union professionals and industry leaders are in Washington today for the start of NAFCU's 2019 Congressional Caucus, which will kick off with a Washington Update from association President and CEO Dan Berger. This year's conference features a stellar lineup of influential administration officials, lawmakers and regulators who will address attendees throughout the week on key issues facing credit unions.
The NAFCU Journal: Inside-look at Rep. Waters' work, SBA loan opportunities, member growth [ [link removed] ]
The September-October edition of The NAFCU Journal is now available online and includes features on how credit unions can strengthen their commercial lending through loan opportunities with the Small Business Administration (SBA) and grow of future members by serving their communities through financial literacy.
CFPB to hold behavioral law symposium [ [link removed] ]
The CFPB announced that it will hold a symposium on behavioral law and economics Sept. 19. This is the second in a series of symposia meant to explore consumer protections in "today's dynamic financial services marketplace."
Jobs report falls below expectations [ [link removed] ]
With 130,000 jobs gained last month, NAFCU Chief Economist and Vice President of Research Curt Long said "August job growth failed to meet expectations, but this was still a solid report overall," adding that "both labor force participation and prime-age employment improved."
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