The TCPA is impacting consumer-friendly communications between credit unions and their members, CUNA Senior Director of Advocacy and Counsel Leah Dempsey told a Federal Communications Bar Association panel discussion.
Draft legislation addressing data breaches was released Friday, two days after a CUNA witness testified before a House Financial Services subcommittee, and it contains the principles CUNA's witness said should be part of any legislation.
The Economic Growth, Regulatory Relief and Consumer Protection Act, would provide much-needed regulatory relief for credit unions and banks and lower the cost of borrowing for thousands of Indiana businesses, Kevin Ryan, president/CEO Financial Center First CU, Indianapolis, wrote in an op-ed that appeared in the Indy Star.
Key CUNA staff met with Acting Consumer CFPB Director Mick Mulvaney Thursday to discuss ways to provide credit unions with regulatory relief. CUNA has several advocacy goals for its work with the CFPB in 2018.
CUNA/league advocacy resulted in the NCUA board approving share insurance fund equity distributions at Thursday’s meetings, with the dividends expected to go to eligible credit unions in the third quarter of this year.
The House voted Thursday to pass a CUNA-backed bill that addresses threats of litigation, the ADA Education and Reform Act of 2017. During the vote, several members addressed the need for a solution for credit unions.
The NCUA board unveiled its plan for share insurance fund equity distributions at its Thursday meeting, and CUNA is currently analyzing the plan. CUNA strongly supported closing the stabilization Fund last year.
The DOJ is evaluating whether promulgating specific web accessibility standards through regulations is necessary and appropriate, it said in response to 61 members of Congress requesting guidance on how the ADA applies to websites.
Congress should help credit unions and other small businesses address lack of clarity with the Americans with Disabilities Act that is resulting in abusive litigation, CUNA wrote to Rep. Ted Poe (R-Texas) Wednesday.