Federal agencies, including the NCUA and CFPB, released their fall 2022 regulatory agendas Wednesday. There are several NAFCU and credit union advocacy priorities included among the items, some of which have been previously introduced or included on rulemaking agendas.
The Federal Open Market Committee (FOMC) released its December meeting minutes Wednesday, revealing multiple participants raised their assessment of the appropriate path of the federal funds rate relative to their assessment at the September meeting. No participants anticipated that it would be appropriate to begin reducing the federal funds rate target in 2023.
As credit unions work to meet the needs of more than 134 million Americans, NAFCU's award-winning regulatory compliance team continues to keep credit unions informed with new posts on the Compliance Blog. This week, Regulatory Compliance Counsel JaMonika Williams details considerations under the Model Uniform Commercial Code (UCC) for acceptable check signatures.
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