While CUNA applauds bipartisan efforts from Congress to address robocalls and the FCC's treatment of them, it has concerns with the Stopping Bad Robocalls Act (H.R. 3375), which was marked up by House subcommittee Tuesday.
Technology has improved consumer access to financial services, but certain fintech does not have the regulatory structure in place that exists with credit unions and other financial institutions, CUNA wrote to a House Task Force on Financial Technology.
The FCC's proposed blocking-by-default framework will lead to the blocking and mislabeling of calls, depriving credit union members of important information, CUNA said Thursday in response to a proposal the FCC is scheduled to vote on next week.
NCUA should only promulgate new or expand existing rules only if they are warranted based on “a compelling need,” CUNA wrote to NCUA Thursday. CUNA also noted ways NCUA’s regulatory review could be improved.
Online registration is open for a June 18 webinar discussing updates to the flood insurance rule. NCUA, along with four other federal financial regulators, will host the webinar, scheduled to begin at 2 p.m. (ET) June 18.
Eighty-seven credit union professionals earned their Credit Union Compliance Expert designations at CUNA Regulatory Compliance Certification Schools. A second round of schools will be held September 8-13 in Dallas.
Credit unions are encouraged to submit comments on the FCC's upcoming vote on a declaratory ruling on default call blocking. CUNA’s Grassroots Action Center contains information on the vote and how to submit comments by Thursday.
In the May edition of the CUNA Economic Update, sponsored by CUNA Finance Council, CUNA Chief Economist Mike Schenk explores President Donald Trump’s decision to increase Chinese tariffs from 10% to 25% and its impact on the U.S economy.
President Donald Trump signed S. 2155 into law one year ago today. The bill contained multiple regulatory relief provisions for credit unions, but what is that status of that regulatory relief from NCUA, the CFPB and others?
CUNA urged CFPB Director Kathy Kraninger to intervene with the FCC and ask the agency to delay and reconsider its ruling on default call blocking, particularly since the CFPB supports consumer awarenes of important account information.
CUNA Chief Advocacy Officer Ryan Donovan continued CUNA’s direct advocacy to staff from all 535 Congressional offices Thursday with a message highlighting six credit union principles for housing finance reform.
The NCUA board issued a proposed rule on non-member deposits, received an update on the Office of Credit Union Resources and Expansion (CURE) and was briefed on the National Credit Union Share Insurance Fund at its monthly meeting Thursday.