Credit unions support appropriate oversight and regulation of the digital assets marketplace and must have the authority to participate, CUNA wrote to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion this week.

CUNA wrote a Senate Foreign Relations subcommittee in strong support of FY24 funding levels of $50 million for the Cooperative  Development Program; $30 million for the Credit for Agriculture Producers' Technical Assistance Project; and $50 million to support efforts of the countries surrounding Ukraine.

Rep. Jennifer McClellan, D-Va., was sworn in Tuesday as the newest member of the 118th Congress. McClellan is the first Black woman elected to represent Virginia, and a strong credit union supporter.

CUNA leaders sat down with CUBroadcast over the course of the 2023 CUNA Governmental Affairs Conference last week to talk everything from the event's record turnout to credit unions' future role in cryptocurrency. 

The Cybersecurity and Infrastructure Security Agency published a Cybersecurity Advisory detailing tactics, techniques, procedures, and key findings from a 2022 assessment to provide proactive steps to reduce the threat from malicious cyber actors.  

Credit unions can get valuable new information about loan risks on a March 22 webinar hosted by NCUA. Registration for “Loan Risks in a Changing Economy,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and last approximately 60 minutes.  

CUNA will be engaged with several hearings in Washington, D.C., this week, on Consumer Financial Protection Bureau reform, and digital assets, and Treasury Secretary Janet Yellen on the president's FY23 budget request. 

Rep. Alex Mooney, R-W.V. introduced the CUNA and League-supported Transparency in CFPB Cost-Benefit Analysis Act (H.R. 1313), which would require the Consumer Financial Protection Bureau to include a cost-benefit analysis in its rulemakings.

Credit Union House held its 22^nd Annual Meeting of Members Feb. 26 at the Marriott Marquis Hotel. During the meeting, an election was held to name directors to the board for the 2023-2024 term.