Budget reconciliation package passed by House, heads to POTUS desk

In a 200-207 vote, the House passed the Democrat budget reconciliation package on Friday. Earlier this month, the Senate passed the package in a 51-50 vote. The package now heads to President Joe Biden's desk to sign into law. Of note, while the package includes funds for increased IRS enforcement, it does not include a NAFCU-opposed provision that would have required new account information reporting by financial institutions.

This week: Congress out on recess; NAFCU continues advocating for CUs

Congress remains on August recess after passing the budget reconciliation package which now awaits President Joe Biden's signature.

Mastercard United States Chief Economist to speak at NAFCU CFO Summit

The speaker lineup at NAFCU’s 2022 CFO Summit, happening September 20-22 in-person in Annapolis, Md., now includes Mastercard United States Chief Economist Michelle Meyer who will discuss the current state of lending. Meyer’s current responsibilities at Mastercard includes the development and delivery of differentiated economic, financial, policy, and market thought leadership for customers, Mastercard, and public policy. Save $200 with code CFOSAVINGS by this Friday.

Adapt and Grow Your Lending Pipeline

Attend NAFCU’s Lending Conference, November 8-10, to get lending’s latest trends, best practices, strategies and tactics.