Both chambers of Congress are in session this week, with a number of hearings on the schedule of interest to credit unions. CUNA will be actively engaged in the hearings, and will send at least one letter for the record.
CUNA’s letter will be sent for the record of a House Financial Services subcommittee on financial institutions and consumer credit hearing titled “The State of Bank Lending in America.” CUNA’s letter will focus on the impact of burdensome regulation on lending.
The hearing is scheduled for Tuesday, starting at 2 p.m. (ET), and will be streamed live on the committee’s website.
Other events on the schedule this week include:
Also this week, the Consumer Financial Protection Bureau’s Credit Union Advisory Council will conduct a meeting. While the agenda has not yet been released to the public, according to the bureau alternative data and consumer access to financial records will be discussed in the public portion of the meeting.
CUNA and several of its member credit unions will be in attendance.