CUNA is engaged with appropriations legislation, a bill to extend the National Flood Insurance Program and an oversight hearing of the Federal Communications Commission, among other activities in Washington, D.C. this week.
S. 2155 contains several provisions related to the Fair Credit Reporting Act directly impacting credit reporting agencies. Credit unions will experience changes in the way certain information is reported and/or restricted by credit bureaus.
Two members of the Senate Banking Committee called for board/commission oversight of the Bureau of Consumer Financial Protection during the confirmation hearing of Kathleen Kraninger, President Donald Trump’s choice to lead Bureau.
In a Thursday vote, the House approved H.R. 6147, the Financial Services and General Government Appropriations Act for Fiscal Year 2019. CUNA supports the legislation as it continues to build upon CUNA’s Campaign for Common-Sense Regulation.
The JOBS and Investor Confidence Act of 2018 (S. 488) passed the House of Representatives in a 406-4 vote on Tuesday. Title XVII of the House Amendment would delay the risk-based capital rule recently finalized by the National Credit Union Administration (NCUA).
CUNA issued a letter urging House leadership to Title XVII of the House Amendment to S. 488, the JOBS and Investor Confidence Act of 2018, which would delay the risk-based capital rule recently finalized by NCUA.
CUNA joined other trade associations in sending a letter to House leaders urging the adoption of an amendment to the Financial Services and General Government appropriations bill to prohibit the U.S. Postal Service from providing banking services.