James
Carville joins NAFCU’s Congressional Caucus lineup as keynote
Credit
unions are encouraged to join NAFCU’s Government Affairs Team to connect with
policy makers and industry leaders during the premier credit union lobbying event
of the year. NAFCU’s Congressional Caucus, held in Washington D.C. from Sept.
12-15, will also be available virtually for those not able to join us in-person.Â
NAFCU reiterates support for CLF
 Yesterday, NAFCU sent a letter to the House Financial Services Committee to
reiterate NAFCU’s strong support for H.R. 3958, the Central Liquidity Facility
Enhancement Act, which makes the changes to the Central Liquidity Facility (CLF)
in section 4016 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) permanent.
NAFCU's
Thaler shares CU perspective ahead of hearing to examine FY22 budget
Ahead of the Senate Appropriations Subcommittee on Financial Services and General
Government (FSGG) hearing to examine President Joe Biden's fiscal year 2022
budget proposal, NAFCU’s Brad Thaler reiterated the association’s concerns
about increased reporting requirements for financial institutions present in the proposal.
TOMORROW:
NAFCU's State of the Industry Event
Join over 500 CUs to hear the
industry's best minds dissect the current state of affairs, at our complimentary
virtual event. You'll also receive a critical regulatory update from NCUA Chairman
Todd Harper.
Existing-home
sales fall in May; NAFCU expects sales to remain strong in 2021
Existing
home sales fell 0.9 percent in May to a seasonally adjusted annual rate of 5.80
million units. This represents a 44.6 percent increase in sales versus a year
ago. In a new Macro Data Flash report, NAFCU's Curt Long noted “existing
home sales dipped for their fourth consecutive month in May to a seasonally adjusted
annual rate of 5.8 million, roughly at its July 2020 level.â€