Calabria
tells Berger FHFA wants to keep pricing safeguards in housing finance reform
NAFCU President and CEO Dan Berger – on stage at NAFCU's Congressional
Caucus with hundreds of credit union leaders in the audience – questioned Federal
Housing Finance Agency (FHFA) Director Dr. Mark Calabria on the agency's
expectations for housing finance reform now that the Treasury Department and Department
of Housing and Urban Development (HUD) have released their plans.
NCUA's
Harper warns NAFCU members of risks facing CU industry
NCUA Board Member
Todd Harper addressed the crowd of hundreds of credit union leaders at NAFCU's
Congressional Caucus Wednesday, explaining his perspective on the agency's
approach to regulation, priorities, and risks related to liquidity, consumer debt, and the growing federal deficit.
Waters,
HFSC members stand by CUs, share updates on key issues at Caucus
On
the final day of NAFCU's Congressional Caucus, House Financial Services Committee
Chairwoman Maxine Waters, D-Calif., and a host of key members from the committee
pledged to stand by credit unions in the fight to keep the industry's tax
exemption intact and many called to halt the current expected credit loss (CECL) standard.
NAFCU's 2019
Credit Union Compliance GPS
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Sens.
Brown, Peters highlight importance of CUs at Caucus
Ranking Members
Sherrod Brown, D-Ohio, and Gary Peters, D-Mich., of the Senate Banking Committee
and the Senate Homeland Security and Governmental Affairs Committee, respectively,
described the important role credit unions play in their communities and nation
as a whole as they discussed issues during the last day of NAFCU's Congressional Caucus.
Fox
News' Stirewalt calls on CUs to help bridge America's political divide
"Ask for kindness, wherever you are and whatever you do," said Chris
Stirewalt, Fox News' digital politics editor and political analyst, at NAFCU's
Congressional Caucus Wednesday. Stirewalt addressed this year's attendees
with a speech about political divisiveness in the media and the need for unity
within our communities, stating that credit unions can help change things for the better.
$3.7M
seized, 281 arrested in coordinated BEC operation
The Department of
Justice (DOJ) announced this week that the U.S., in conjunction with international
law enforcement authorities, disrupted a series of business email compromise (BEC)
schemes that were designed to intercept and hijack wire transfers from businesses and individuals.