Trump
puts relief negotiations on hold until after election
According to
news reports, President Donald Trump has told administration officials to stop
working with House Speaker Nancy Pelosi, D-Calif., on another potential coronavirus
relief package until after the election. Pelosi and Treasury Secretary Steven
Mnuchin have been in negotiations for several weeks but have been unable to reach an agreement.
September
ECU Monitor details latest issues affecting CUs, economic outlook
The
September issue of NAFCU's Economic & CU Monitor report – now available
for download – dives into the latest issues affecting credit unions and features
insights from the association's research team on the economic outlook for the remainder of this year.
CFPB
outlines process for early termination of consent orders
The CFPB has
issued a policy statement outlining the early termination process for entities
subject to a consent order, as well as the standards the bureau will use to evaluate
applications for early termination. Of note, this policy does not apply to individuals or settlement agreements.
NAFCU's
Virtual Lending Conference: Only a few days left to register
Attend
NAFCU's Virtual Lending Conference to gain the strategies and best practices to
push your CU's lending pipeline forward during the recession.
NCUA
to host webinar on MDIs, financial inclusion Oct. 21
The NCUA will
host a webinar on financial inclusion and minority depository institutions (MDIs)
Oct. 21 featuring staff from NCUA's Office of Consumer Financial Protection
and Office of Credit Union Resources and Expansion. The webinar will tackle how
credit unions, specifically MDIs, can provide financial products and services
to help bring underserved communities into the "financial mainstream.
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