In a message to members, NAFCU Vice President of Legislative Affairs Brad Thaler highlighted the association’s recent advocacy initiatives on Capitol Hill regarding important credit union topics and encouraged credit unions to engage with lawmakers on two important pieces of legislation.
On a seasonally-adjusted basis, overall consumer prices were unchanged in July with the Bureau of Labor Statistics reporting the overall consumer price index (CPI) grew by 8.5 percent over the 12-month period, marking the slowest month-over-month growth in prices since April 2020. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in a new Macro Data Flash report.
NAFCU, along with several other organizations, Tuesday filed an amicus brief with the United States Court of Appeals for the Eleventh Circuit arguing that the Fair Credit Reporting Act (FCRA) requires furnishers and consumer reporting agencies (CRAs) to investigate factual inaccuracies, not legal disputes. The group’s amicus brief comes in response to an amicus brief filed by the CFPB in April that argues data furnishers and CRAs should investigate legal disputes in addition to factual disputes.
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Advocate for your members on Capitol Hill. Have an impact on avertingtop political risks to your CU. Attend NAFCU’s Congressional Caucus this September!
As credit unions work to meet the needs of more than 131 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog, published every Monday and Wednesday.
