CUNA wrote in support of a Senate bill Wednesday that would clarify that the business of insurance is exempted from the Consumer Financial Protection Bureau’s authority.

Credit unions are key to consumers having more options in financial services, and the bipartisan S. 2155 would help to that end, Rick Nichols wrote to the Columbia Missourian Wednesday.

The NCUA board will vote on final rules on capital planning and stress testing, as well as advertising at its April board meeting. The meeting is scheduled for 10 a.m. (ET) Thursday.

The Senate approved its resolution of disapproval for the CFPB's indirect auto lending bulletin Wednesday. CUNA wrote a letter of support for the resolution Tuesday, which would void the bulletin using the Congressional Review Act.

It is important to distinguish between robocalls and legitimate businesses seeking to communicate with their customers, CUNA and other organizations wrote to Senate Commerce Committee leadership Wednesday for its robocall hearing.

The House passed two tax-related bills Tuesday; one adds new requirements for organizations regarding electronic filing of tax returns, the other would help protect children from having their identities stolen.

CUNA backed a Senate joint resolution providing for congressional disapproval of the Consumer Financial Protection Bureau’s indirect auto lending bulletin Tuesday. The resolution would void the bulletin under the Congressional Review Act.

Michigan Credit Union League President/COO Ken Ross joined Michigan Bankers Association President/CEO Rann Paynter last week to urge members of the Michigan congressional delegation to support S. 2155.

The Indiana Credit Union League joined with its state banking counterpart to urge members of Indiana’s congressional delegation to support the Economic Growth, Regulatory Relief and Consumer Protection Act.

With both the House and Senate in Washington, D.C. this week, CUNA will be engaged with a pair of hearings on robocalls, as well as tax-related bills that will be considered on the House floor.