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.
In addition to CUNA’s compliance resources such as CompBlog other materials, CUNA’s compliance staff fields questions regularly. Here are some of the most commonly asked questions and answers from CUNA compliance staff.
The Senate’s bipartisan regulatory relief bill offers real, tangible benefits to credit unions and their members, writes Charles Albrecht, CEO of Mid-Minnesota FCU, Baxter, Minn. in an op-ed appearing in the Brainerd Dispatch.
The U.S. District Court for the District of Columbia ruled in favor of CUNA’s position Wednesday that President Donald Trump has the authority to appoint a director of the Consumer Financial Protection Bureau.
As CUNA continues to push for solutions to credit unions facing legal threats on website accessibility under the Americans With Disabilities Act, it has launched an advocacy page outlining the situation and steps CUNA is taking.
It is important to strike a balance between costs to financial institutions and the benefits of Bank Secrecy Act, anti-money laundering and Office of Foreign Assets Control regulations, CUNA wrote to Senate Banking Committee leadership.
CUNA outlined its support for two regulatory relief bills, one to exempt community financial institutions from CFPB rules, the other to delay data HMDA collecting requirements, before a House subcommittee hearing Tuesday.