Newly appointed House Financial Services Committee (HFSC) Chairman Rep. Patrick McHenry, R-N.C., told NAFCU President and CEO Dan Berger Thursday that he will focus heavily on economic “innovation, opportunity, and oversight” under his leadership on the committee.
Sens. Mark Warner, D-Va., and Mike Crapo, R-Idaho, wrote to Treasury Secretary Janet Yellen Thursday to voice concerns that the Community Development Financial Institutions (CDFI) Fund is not considering stakeholder feedback as they update the fund’s application process. NAFCU is currently part of a coalition of organizations that have urged outreach from Congress on this issue.
The NCUA Board is set to meet next week and has two items on its agenda: the federal credit union loan interest rate ceiling and the NCUA’s 2023 Annual Performance Plan, which provides specific direction and guidance toward achieving the mission and the strategic goals and objectives outlined in the agency’s strategic plan.
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NAFCU's widely read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources.
NAFCU's latest Economic & CU Monitor – now available for download – examines survey respondents’ insights on a variety of regulatory hot topics, including overdraft fees, and payments fraud.
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 every Monday and Wednesday.
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