As policymakers seek to patch several cybersecurity policy holes, CUNA anticipates that legislation will be put forth that would extend to NCUA the authority to oversee CUSOs and other third party vendors, and expand credit unions’ ability to invest in CUSOs.
The CFPB should eliminate data points required by its 2015 HMDA rule but not required by Dodd-Frank, as CUNA believes any benefits obtained from the data points added by the 2015 rule will not outweigh the cost and burden to credit unions.
CUNA and the World Council of Credit Unions Wednesday called on House and Senate appropriators to increase funding for the USAID's Cooperative Development Program (CDP) to $17 million for FY2020, up from the previous year’s $12 million.
President Donald Trump signed an executive order requiring regulators to seek comment on major federal guidance and better explain the guidance. CUNA President/CEO Jim Nussle called a "a strong step toward reining in regulator overreach.”
The board of the National Cooperative Business Association CLUSA International adopted a resolution on diversity, equity and inclusion last week. CUNA worked closely with the NCBA CLUSA Board on their resolution.
Credit union leaders participated last week in a simulated ransomware attack both at Credit Union House in Washington, D.C. and remotely. CUNA joined with FS-ISAC and ManTech, a provider of cybersecurity solutions, to conduct the session.
Over a month after the D.C. Circuit Court of Appeals upheld most of NCUA's field of membership rule, the American Bankers Association petitioned the full U.S. Court of Appeals for the District of Columbia to appeal the court’s August decision.
The latest back-and-forth between Congress and the Consumer Financial Protection Bureau is further proof that a bipartisan, multi-member commission is needed, said CUNA Chief Advocacy Officer Ryan Donovan.
The NCUA should pursue a rulemaking to increase the threshold for which an appraisal is required for a residential real estate transaction, CUNA wrote to the agency last week, following the July adoption of a final appraisals rule.
When the Capitol Hill-focused publication POLITICO published an interview with CUNA Chief Advocacy Officer Ryan Donovan last month discussing a narrowly discussed section in the FY 2020 NDAA last month, offices across Congress took notice.
Credit union leaders from six states visited Washington, D.C. during a busy week in the Nation’s Capital, discussing credit union concerns with policymakers as the House was preparing for its historic vote on the SAFE Banking Act.
The CFPB announced Thursday the appointment of members to its advisory groups, including the Credit Union Advisory Council. All four new members, and the remaining members, are CUNA-affiliated credit unions.