News

Home » Topics » CUNA News » Policy & Issues

Policy & Issues
Subscribe

MWCUA’s Earl: Increased IRS reporting ‘bad for consumers’

Increased financial institution reporting to the IRS is bad for consumers, Mountain West Credit Union Association President/CEO Scott Earl wrote in AZCentral in response proposed language to require the additional reporting.

Policy & Issues

Kebede updates economic forecast, looks through end of 2021

CUNA Senior Economist Dawit Kebede gives an update to the previous June forecast in this month's Economic Update, as well as a run-down of some key figures heading into the fourth quarter of 2021 and the historic low charge-off rate in the second quarter.

Policy & Issues

House bill introduced to prohibit increased IRS reporting

A CUNA-supported House bill was introduced Friday that would prohibit implementation of any expanded Internal Revenue Service (IRS) financial institution reporting requirements. The bill follows a Senate companion bill introduced last week.

Policy & Issues

Leagues, credit unions engage with policymakers during hill visits

Ten Leagues representing credit unions from 15 states have met with policymakers in-person and virtually over the past two weeks, part of credit unions’ fall advocacy efforts. In addition to members of Congress, many Leagues and credit unions met with staff at NCUA, CFPB, and others.

Policy & Issues

Financial inclusion, capital access essential for small businesses

The CUNA-supported Expanding Financial Access for Underserved Communities Act would ensure small businesses would be able to access the capital they need, and financial inclusion and access to capital are critical to ensuring the survival of vulnerable small businesses.

Policy & Issues

CUNA raises pertinent NCUA issues for Harper re-nomination

NCUA Chairman Todd Harper testified before the Senate Banking, Housing, and Urban Affairs Committee Thursday. Harper—who joined the board in 2019 and was named chairman in January—has been re-nominated by President Joe Biden for an additional term.

Policy & Issues

Senate confirms Rohit Chopra as next CFPB director

The Senate Thursday confirmed Rohit Chopra to be the next director of the CFPB. Chopra comes to the CFPB from the Federal Trade Commission where he was a commissioner. He previously served as assistant director and student loan ombudsman at the CFPB

Policy & Issues

Congress passes legislation funding federal government through Dec. 3

The House and Senate both passed a continuing resolution Thursday to fund the federal government through Dec. 3, hours before funding was set to expire.

Policy & Issues

Additional actions needed to address pandemic’s economic consequences

Additional Congressional action will be needed to address the economic consequences of the pandemic, including legislation that provides relief and spurs economic growth for credit unions, their members, and communities.

NCUA exam priorities: What to expect in 2020

Policy & Issues

Increased IRS reporting ‘fundamentally flawed’ at any threshold

A proposal requiring increased financial institution reporting to the IRS is fundamentally flawed, CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices Wednesday citing concerns about the privacy of their nontax-related financial information.

Rock Stars 2023

Credit Union Rock Stars are outstanding credit union professionals and directors from a wide range of disciplines who inspire and innovate to advance the missions of their credit unions. The 25 members of the 11th class of Rock Stars were selected for their exceptional creativity, innovation, and passion.

Digital Edition • Subscribe

News

Policy & Issues
Subscribe

MWCUA’s Earl: Increased IRS reporting ‘bad for consumers’

Kebede updates economic forecast, looks through end of 2021

House bill introduced to prohibit increased IRS reporting

Leagues, credit unions engage with policymakers during hill visits

Financial inclusion, capital access essential for small businesses

CUNA raises pertinent NCUA issues for Harper re-nomination

Senate confirms Rohit Chopra as next CFPB director

Congress passes legislation funding federal government through Dec. 3

Additional actions needed to address pandemic’s economic consequences

Increased IRS reporting ‘fundamentally flawed’ at any threshold

Rock Stars 2023

Polls

Do you plan to use the FedNow instant payment service?

Policy & Issues Subscribe

Trending

Do you plan to use the FedNow instant payment service?

Policy & Issues
Subscribe