Also: FOMC minutes released; CFPB issues consumer complaint bulletin
NAFCU TODAY | The News You Need Daily.
July 8, 2021
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Upcoming virtual BSA School takes CUs BSA/AML compliance to the next level [ [link removed] ]
Credit union compliance professionals are encouraged to attend NAFCU's upcoming Virtual BSA School where attendees will be equipped with the information needed to understand the core Bank Secrecy Act (BSA) regulations impacting credit union operations.
FOMC minutes reveal strong demand, vaccination rates are building economic optimism [ [link removed] ]
Minutes from the Federal Open Market Committee's (FOMC) June videoconference meeting revealed building economic optimism, with a vast majority of participants revising up their predictions for real GDP growth this year – compared to the projections they submitted in March – citing stronger consumer demand and improvements in vaccination rates as the primary reasons.
CFPB bulletin highlights coronavirus-related consumer complaints [ [link removed] ]
The CFPB last week issued its July consumer complaint bulletin which highlights COVID-19 issues that have been described in various consumer complaints. Of note, the bulletin addresses federal student loan relief, economic impact payments (EIPs), and evictions protections.
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