WASHINGTON (3/22/16)--A spring District Work Break brings a short legislative week this week, with the U.S. Senate out of session and the House in for only a few days.
In addition to the happenings on Capitol Hill, the National Credit Union Administration (NCUA) and the Consumer Financial Protection Bureau (CFPB) will hold meetings this week.
The hearings are scheduled for today. They are:
Among others, Rep. Devin Nunes (R-Calif.) will testify at the tax reform hearing. Nunes has previously introduced bipartisan tax reform legislation that affirms the credit union tax status. Protecting the credit union tax status is a top priority for the Credit Union National Association (CUNA), and CUNA will be monitoring today’s hearing.
On Thursday, the NCUA will conduct its monthly meeting, and will vote on a final rule concerning credit union bank notes. The meeting will begin at 10 a.m., and live streaming will be available on NCUA.gov.
Also on Thursday, the CFPB will hold a Credit Union Advisory Council meeting. CUNA will be in attendance, and several CUNA members sit on the council. The meeting will cover the CFPB’s outlook and elder financial abuse, and a recording of the meeting will be available at a later date.