House Republicans conducted leadership elections Wednesday, and. Rep. Kevin McCarthy (R-Calif.) was named House Minority Leader. House Democrats are expected to conduct their leadership elections in late November.
Registration is still open for Wednesday’s free webinar on CUNA’s Awareness Initiative, which will delve deeper into the “Open Your Eyes” campaign, with a look at the brand platform and a portfolio of consumer-facing materials.
Both chambers of Congress have returned to Washington, D.C. this week to start the final weeks of the 116th Congress. CUNA plans to pursue several advocacy priorities, as well as outreach to newly elected members of Congress.
CUNA, in conjunction with NASCUS, conducted its annual BSA Conference last week, providing nearly 300 attendees with the latest information on BSA, anti-money laundering and Office of Foreign Assets Control compliance issues.
CUNA attended Friday’s Faster Payments Town Hall meeting in Minneapolis, part of a series of town halls on the topic. CUNA has expressed to the Fed that the increased fraud opportunity a problem with a real-time payment system.
CUNA is continuing its advocacy with lawmakers to secure a fix for an excise tax contained in the Tax Cuts and Jobs Act of 2017, which requires tax-exempt entities to pay a 21% excise tax on certain employee compensation.
CUNA participated in a roundtable Thursday led by the Small Business Administration's Office of Advocacy to discuss the latest Bureau of Consumer Financial Protection rulemaking agenda, which was released last month.
Despite the divided Congress that will take office in January, CUNA, leagues and credit unions are well-positioned in a challenging legislative environment, CUNA noted in its post-election whitepaper, released Thursday.
Credit unions are well positioned after Tuesday’s election into the 116th Congress, CUNA President/CEO Jim Nussle said during CUNA’s post-election webinar. CUNA’s CreditUnionsVote.com website got more than 13,000 hits during the election cycle.
Credit Union Magazine’s special 2020 Credit Union Rock Stars edition celebrates creative, innovative, and passionate professionals and volunteers working to advance the missions of their credit unions.