Two members of the Senate Banking Committee called for board/commission oversight of the Bureau of Consumer Financial Protection during the confirmation hearing of Kathleen Kraninger, President Donald Trump’s choice to lead Bureau.
In a Thursday vote, the House approved H.R. 6147, the Financial Services and General Government Appropriations Act for Fiscal Year 2019. CUNA supports the legislation as it continues to build upon CUNA’s Campaign for Common-Sense Regulation.
One hundred and three members of Congress signed a CUNA-supported letter submitted Wednesday to Attorney General Jeff Sessions calling for the Department of Justice to issue website standards for compliance with the ADA.
NCUA finalized a field-of-membership rule Thursday allowing credit unions the option to submit an application to serve a well-defined local community exceeding 2.5 million people under a narrative approach, among other changes.
Procurement reforms that level the playing field in international development should be encouraged, CUNA wrote Wednesday to Senate Foreign Relations Committee leadership for the record of a committee hearing on USAID.
The video recording of the May 24 NCUA Board meeting is now available on the agency’s website. The board approved issuing a proposal on a new payday alternative loan product, and a final rule on severance claims.
The Senate Appropriations FSGG subcommittee on financial services and general government passed its fiscal year 2019 bill Tuesday, which contains CUNA-supported full funding for the CDFI Fund and the SBA's 7(a) loan program.
CUNA will be engaged as Senate appropriators mark up FSGG appropriations legislation for fiscal year 2019 this week, paying close attention to allocations for several important credit union funds, including the CDFI Fund and CDRLF.
The CFPB should look closely at its rules and streamline regulations or exempt credit unions entirely, CUNA wrote to the bureau Tuesday in response to its RFI on adopted regulations and new rulemaking authority.