Also: New NAFCU network connects lending professionals; Proposed budget deal would extend funding for 1 month



NAFCU TODAY | The News You Need Daily.

November 19, 2019



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ECU Monitor: CUs concerned with exam consistency [ [link removed] ]
The November issue of NAFCU's Economic & CU Monitor report – now available for download – found over half of survey respondents are at least somewhat concerned with examination consistency, with 43 percent reporting that their highest priority for exam reform was more consistent application of rules and guidance.


New NAFCU online community connects lending professionals [ [link removed] ]
NAFCU has launched a new online community to support its members' growth goals: The NAFCU Lending Network, an exclusive online environment to connect with fellow credit union lending professionals, discuss issues, share ideas and access peer and expert resources, including exclusive content from NAFCU and its in-person and online lending events.


House poised to act ahead of gov't funding expiration [ [link removed] ]
House leaders Monday introduced a stopgap spending bill that would extend current funding through Dec. 20. Funding for the government is set to expire at midnight Thursday; lawmakers in the House are expected to pass the continuing resolution today. There is still some uncertainty if the measure has enough votes to pass the Senate in its current form due to policy riders attached to it. However, Senate Majority Leader Mitch McConnell, R-Ky., said yesterday that the Senate will act before funding expires.






Fed identifies corporate debt, liquidity as financial risks [ [link removed] ]
A new Financial Stability Report from the Federal Reserve identifies a number of near- and long-term vulnerabilities facing the financial system, including historically-high corporate debt, reduced capital buffers at large banks, deteriorating market liquidity conditions, and slowing global economic growth.



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