NCUA issued a Regulatory Alert with the 2022 annual adjustments for exemption thresholds under the Truth in Lending Act (TILA or Regulation Z) and the Consumer Leasing Act (CLA or Regulation M) and an annual adjustment to the maximum amount credit bureaus may charge consumers.

Reid served for 30 years in the U.S. Senate, and oversaw the passage of the Dodd-Frank Act.

Temporary modifications will remain effective until Dec. 31, 2022.

Two former White House Chiefs of Staff will share their unique perspectives at the 2022 CUNA GAC. Reince Priebus, the first chief of staff to President Donald Trump, and Thomas “Mack” McLarty, chief of staff to President Bill Clinton, will participate in a moderated discussion.

CUNA supports the CFPB's inquiry into the tech companies’ payments practices and strongly encourages the CFPB to carefully examine and regulate these entities moving forward, it wrote in response to an order to large tech companies.

NCUA issued a Letter to Credit Unions (21-CU-16) to clarity about the already existing authority of federally insured credit unions to establish relationships with third-party providers that offer digital asset services to the members, provided certain conditions are met.

Federally insured credit unions continued to see elevated asset, share, and deposit growth over the year ending in the third quarter of 2021, according to the latest NCUA Quarterly U.S. Map Review, which tracks performance indicators for federally insured credit unions.

The White House released a letter advising financial institution executives and others about malicious cyber activity related to the holidays. The document, as well as other cybersecurity resources, is available on CUNA’s Cybersecurity homepage.

NCUA finalized its final Complex Credit Union Leverage Ratio (CCULR) rule at its Thursday meeting, its final of 2021. A complex credit union that opts into the CCULR framework would not be required to calculate a risk-based capital ratio under the risk-based capital rule effective Jan. 1, 2022.

The Senate confirmed Alanna McCargo to serve as president of the Government National Mortgage Association (Ginnie Mae). McCargo—senior advisor for housing finance at the Department of Housing and Urban Development—is the first permanent president since 2017.