This
week: House preps vote on COVID relief
The House this week is planning
to take up the $1.9 trillion coronavirus relief package after the Budget Committee
meets today to assemble the respective components of the budget resolution package.
Upon House passage, the package will then move to the Senate where only a simple majority is needed to approve it.
NAFCU
shares support of NCUA SAR report, requests guidance for CUs
In response
to the NCUA's notice of proposed rulemaking seeking to amend the agency's
suspicious activity report (SAR) regulation, NAFCU urged the agency to provide
additional information and guidance for credit unions, separate from the final
rule. The NCUA proposed the rule by notation vote last year, indicating that it
seeks to reduce regulatory burdens on federally-insured credit unions (FICUs)
and encourage technological innovation within the credit union system.
NAFCU,
FCC discuss fix to exemption order error
NAFCU Director of Regulatory
Affairs Ann Kossachev attended a meeting with other trade groups Friday with staff
from Federal Communication Commission (FCC) Acting Chair Jessica Rosenworcel's
office to discuss a potential fix to the commission's order codifying exemptions
to the Telephone Consumer Protection Act (TCPA).
Build and Strengthen Your Core Compliance
Knowledge
Attend NAFCU's Virtual Spring Regulatory Compliance School
to understand credit union compliance from A to Z.
NAFCU's
LaBerge set to present at data privacy, protection program this week
This week, NAFCU Senior Regulatory Counsel Elizabeth LaBerge will serve as faculty
for an Association for Data and Cyber Governance (ADCG) interactive class and
workshop program designed for those interested in becoming a data privacy and
protection specialist. The two-day program begins Wednesday and runs through Thursday.
Existing-home
sales rise slightly despite reaching lowest supply level since 1982
Existing-home sales rose 0.6 percent in January to a seasonally-adjusted rate
of 6.69 million units, representing a 23.7 percent increase in sales versus a
year ago. However, in a new Macro Data Flash report, NAFCU's Curt Long noted
tight supply is constricting existing-home sales growth as supply is now down
to 1.04 million homes for sale and at its lowest level on record dating back to 1982.
