NAFCU President and CEO Dan Berger Wednesday was on Capitol Hill to meet with lawmakers including Senator Tommy Tuberville, R-Ala., and Representative Kevin Brady, R-Texas, to discuss credit union legislative priorities as Congress works toward its pre-election recess.
Wednesday, a complaint led by the U.S. Chamber of Commerce was filed against the CFPB and Director Rohit Chopra challenging the bureau’s March 2022 update to the Unfair, Deceptive, or Abusive Acts and Practices (UDAAP) section of its examination manual. The complaint alleges that the CFPB’s attempt to regulate discriminatory conduct under UDAAP violates the Administrative Procedures Act (APA), exceeds the CFPB’s statutory authority, and is arbitrary.
There is still time to register for NAFCU's Q3 Member Webinar – happening Tuesday, Oct. 4, at 4:00 p.m. Eastern – where credit unions can join NAFCU President and CEO Dan Berger and other association leaders to learn about the latest happenings in Washington that impact credit unions, including a recap of the 2022 Congressional Caucus and other updates from the third quarter of the year.
As credit unions work to meet the needs of more than 133 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.
Get compliance guidance! View our latest Compliance Roadmap manual The latest edition of the NAFCU Compliance Roadmap (formerly GPS) breaks down ALL the major regulations affecting credit unions (including Reg F!). Get all the compliance information you need in one location!
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