Thursday’s hearing on the Telephone Consumer Protection Act (TCPA) will be a good first step toward highlighting ways to modernize the act, CUNA believes. CUNA has expressed a number of concerns with a TCPA ruling made in July 2015, and requested Congress conduct a hearing on the topic.
CUNA believes the Federal Communications Commission’s July 2015 ruling has impacted credit unions’ ability to contact members with important account information because of a lack of clarity about what is considered an autodialer and other onerous compliance requirements.
“We’ll be following this hearing very closely and encouraging the committee, as it looks to modernize the TCPA, to make sure that financial institutions can interact with their members and customers, particularly when other regulators have encouraged them to do so,” said CUNA Chief Advocacy Officer Ryan Donovan.
Some CUNA’s concerns include:
The hearing, conducted by the House Energy and Commerce communications and technology subcommittee, will take place Thursday, starting at 11 a.m. (ET), and will be streamed live.
Other hearings this week CUNA will be monitoring include: