NAFCU Vice President of Legislative Affairs Brad Thaler wrote to the House Financial Services Committee prior to its markup today, where the Committee will discuss the NAFCU-opposed Overdraft Protection Act, which would significantly limit overdraft protection programs and the ability to assess (NSF) nonsufficient fund fees. The association supports a fair, transparent, and competitive market for consumer financial services, but has previously cautioned that legislative efforts to eliminate or limit overdraft protection programs would likely result in significant negative impacts on borrowers and credit unions.
The Federal Open Market Committee (FOMC) - the Fed’s monetary-policy setting arm – begins its June meeting today and is expected to discuss several topics of interest to credit unions.
NAFCU Vice President of Legislative Affairs Brad Thaler Monday wrote to the House Energy and Commerce Subcommittee on Consumer Protection and Commerce ahead of today's hearing where federal data privacy and security standards will be discussed. In the letter, Thaler outlined the association's series of data privacy principles, calling on the subcommittee to utilize them as they work to develop a path forward on comprehensive federal data privacy legislation.
NAFCU’s Congressional Caucus Protect your members by advocating on their behalf on Capitol Hill. Register today! Save $200.00 with code CCSAVINGS by 7/15
CFO Credit Union Summit Come network with your peers and acquire best practices to help advance your credit union even further. Here’s a sneak peek of the agenda. Save $200.00 with code CFOSAVINGS through 7/29/2022.
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