SBC Chairman Brown to speak at NAFCU’s 2022 Congressional Caucus

Chairman of the Senate Banking Committee Sherrod Brown, D-Ohio, has joined the lineup of Congressman who are scheduled to speak on Wednesday at NAFCU’s 2022 Congressional Caucus next week. NAFCU has previously engaged with Brown on several top industry issues.    Brown expressed concern over the collection and sale of consumer financial data practices and its holistic effect on the U.S. financial system in a letter to Treasury Secretary Janet Yellen back in June.  In addition, NAFCU testified before the Senate Banking Committee in February to share credit unions' recommendations regarding community development financial institutions (CDFIs) and minority depository institutions (MDIs). There’s still time to register for NAFCU’s Congressional Caucus. Tell lawmakers to take action on key issues that strain your ability to grow and thrive. Join the fight in D.C.! View the full agenda and stay tuned to NAFCU Today for updates on speaker announcements as the event gets closer.   

Vehicle sales dip in August

Total vehicle sales fell slightly from 13.3 million annualized units in July to 13.2 million annualized units in August, with monthly sales levels up 0.7 percent year-over-year. NAFCU Chief Economist and Vice President of Research Curt Long analyzes the data in a new Macro Data Flash report. 

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