NAFCU
advances CUs to Trump, key officials
As the industry's Washington
Watchdog, NAFCU's unmatched relationships with lawmakers, regulators, and
administration officials ensure credit unions' voices are heard at the highest
levels of government and industry issues are addressed by appropriate actions.
This
week: House panels to review FASB, CRA; NCUA diversity assessments due
Congress has a busy week of committee hearings, with the House Financial Services
Committee and its subcommittees reviewing a number of issues that could impact
credit unions, including an oversight hearing of the Financial Accounting Standards
Board (FASB). In addition, NAFCU's award-winning advocacy team will again
be on Capitol Hill further promoting credit union priorities for 2020.
Compliance
Blog outlines top CFPB enforcement actions, exam findings
In a new
post on the Compliance Blog, NAFCU Senior Regulatory Compliance Counsel Jennifer
Aguilar reviews the CFPB's top enforcement actions and examination findings
for 2016 and 2017 related to the Truth in Lending Act (TILA), Electronic Fund
Transfer Act (EFTA), and Credit Card Accountability Responsibility and Disclosure
Act (Credit CARD Act), as detailed in the agency's annual report.
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NAFCU Strategic Growth Conference
Tomorrow:
SBA, NCUA give updates on 7(a) fees, tax issues
Credit unions interested
in the latest news on Small Business Administration (SBA) lending programs can
get valuable information on a conference call tomorrow hosted by the SBA and NCUA.
The call is part of the agencies' partnership they entered into in May 2019
to strengthen credit union small business lending and will feature representatives
from SBA leadership, program offices, and loan centers.
Jobs
report reflects 'mediocre' growth in December
With 145,000
jobs gained last month, NAFCU Chief Economist and Vice President of Research Curt
Long noted that despite the surprising drop in wage growth, "the labor market
is still on solid footing," adding that the labor force participation rate
is "near its post-recession peak."
Berger
invited to kick off first MACUMA event of 2020
NAFCU President and
CEO Dan Berger today will provide credit union leaders with an inside look at
ongoing legislative and regulatory efforts in Washington at the Metropolitan Area
Credit Union Management Association's (MACUMA) first meeting of the year.
