The House Appropriations financial services and general government subcommittee approved the House FSGG Appropriations Act for fiscal year 2019 by a voice vote Thursday. The legislation contains several regulatory relief provisions supported by CUNA.
CUNA offices in Washington, D.C. and Madison, Wis. will be closed Monday, May 28 in observance of Memorial Day. There will be no Daily e-mail sent Monday, May 28. The Daily will resume Tuesday, May 29.
The House voted to advance two tax-related bills Wednesday, bipartisan bills passed earlier by the House Ways and Means Committee. The bills are designed to protect taxpayers and improve accountability at the IRS.
The Senate approved its resolution of disapproval for the CFPB's indirect auto lending bulletin Wednesday. CUNA wrote a letter of support for the resolution Tuesday, which would void the bulletin using the Congressional Review Act.
It is important to distinguish between robocalls and legitimate businesses seeking to communicate with their customers, CUNA and other organizations wrote to Senate Commerce Committee leadership Wednesday for its robocall hearing.
The House passed two tax-related bills Tuesday; one adds new requirements for organizations regarding electronic filing of tax returns, the other would help protect children from having their identities stolen.
CUNA backed a Senate joint resolution providing for congressional disapproval of the Consumer Financial Protection Bureau’s indirect auto lending bulletin Tuesday. The resolution would void the bulletin under the Congressional Review Act.
Michigan Credit Union League President/COO Ken Ross joined Michigan Bankers Association President/CEO Rann Paynter last week to urge members of the Michigan congressional delegation to support S. 2155.
The Indiana Credit Union League joined with its state banking counterpart to urge members of Indiana’s congressional delegation to support the Economic Growth, Regulatory Relief and Consumer Protection Act.