The CFPB issued a Request for Information Wednesday on the bureau’s external engagements. Specifically, the bureau is seeking comments and information from interested parties on ways to engage the public.
Impressions of CUNA’s Facebook ads in support of the Senate’s bipartisan regulatory relief bill total more than 800,000 as CUNA continues its push for floor consideration of the Economic Growth, Regulatory Relief and Consumer Protection Act.
CUNA and other trade organizations wrote to House leadership Monday urging them to support the Mortgage Choice Act (H.R. 1153), a regulatory relief bill is scheduled for House floor consideration this week.
CUNA compliance staff has compiled a new resource outlining major finalized rules and amendments issued last year, and highlights other CUNA resources and the regulatory or agency responsible for the rule.
CUNA and the Defense Credit Union Council asked the Department of Defense to immediately remove a problematic question from its guidance on the Military Lending Act Thursday, due to confusion it is causing.
Since a case alleging ADA violations by a credit union was thrown out last week, the plaintiff has amended his original complaint. The suit was thrown out Friday, and CUNA continues to engage on a solution.
Mountain West Credit Union Association President/CEO Scott Earl responded to an editorial questioning the credit union tax status Thursday, correcting a number of inaccuracies and clarifying the intent of credit unions’ tax treatment.
CUNA President/CEO Jim Nussle outlined how credit unions continue to fulfill their mission in response to a question from Sen. Orrin Hatch to NCUA on whether credit unions are evolving beyond their original purpose.
The CFPB's structure is constitutional, and its director can only be removed with cause, a U.S. appeals court decided Wednesday. The decision erases a lower court ruling that the CFPB’s structure is unconstitutional.
CUNA President/CEO Jim Nussle said CUNA is pleased President Donald Trump addressed the importance of regulatory relief in Tuesday’s State of the Union. Regulatory relief is a key pillar of CUNA’s 2018 advocacy agenda.
Products and services from fintech companies should offer the same consumer protections as those offered by regulated entities, CUNA told a House subcommittee Tuesday, also noting that consumers benefit from innovation in the marketplace.