Also: Fed Beige Book reveals accelerated consumer spending

June 2, 2022

Interchange intel: Why expanding the Durbin amendment is bad for consumers ([link removed] )

For years, NAFCU has staunchly opposed Section 1075 of the Dodd-Frank Act that established an arbitrary debit interchange fee cap and new routing requirements for debit cards. Coined the ‘Durbin amendment’ after Senator Dick Durbin, D-Ill., who added the amendment to the bill, this harmful legislation has shown little consumer benefit since its origination.

Fed’s Beige Book reveals 'softened' consumer spending from inflation ([link removed] )

The Federal Reserve released its latest Beige Book Wednesday which revealed that economic activity saw continued growth at a moderate pace since April. Of note, Fed contacts in three Districts specifically expressed concerns about an upcoming recession.

ICYMI: Fannie Mae provides insights on tackling appraisal bias in latest NAFCU Journal ([link removed] )

The May-June edition of The NAFCU Journal is available now and includes an exclusive feature on tackling appraisal bias, with insights from Fannie Mae Senior Vice President for Single-Family Collateral Risk Management Jake Williamson. This issue is full of content from leading industry experts and can be viewed anytime on the magazine’s virtual hub.

NAFCU’s Congressional Caucus

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NAFCU CALENDAR ([link removed] )

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How to Detect and Prevent Employee Fraud ([link removed] )

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Bitcoin for Credit Unions: Essential Regulatory Considerations for Adopting Cryptocurrency ([link removed] )

Complimentary Webinar

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The State of Lending: Long term Risks and Opportunities ([link removed] )

Complimentary Webinar

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Commerce - Developing a Framework on Competitiveness of Digital Asset Technologies ([link removed] )

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Complimentary Virtual Event: NAFCU’s State of the Industry ([link removed] )

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