The Senate passed the continuing resolution to fund the government through Nov. 21 Thursday, a move that follows last week’s House passage of the bill. President Donald Trump is expected to sign the bill before funding expires Sept. 30.

CUNA President/CEO Jim Nussle and Chief Advocacy Officer Ryan Donovan joined co-sponsors of the CUNA-backed SAFE Banking Act, at the U.S. Capitol Thursday to recognize the historic bipartisan 321-103 vote on the bill.

Immediate access to funds for consumers is increasingly important and real-time payments will help credit unions improve access to funds, CUNA wrote to the House Financial Services Committee Task Force on Financial Technology Thursday.

Six credit union leagues representing 14 states were in Washington, D.C. last week to meet with dozens of elected officials and policymakers about ways they could help credit unions serve members and consumers better.

The House voted to pass the Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595) Wednesday, a historic vote that comes months after strong CUNA, League and credit union advocacy on behalf of the bill. The bill would provide legal protections to financial institutions serving state-legalized cannabis-based businesses.

Real-time payments will help credit unions provide necessary financial services to their members and improve access to funds, CUNA wrote to the Senate Banking Committee Wednesday for the record of its faster payments hearing.

CUNA strongly opposes any legislation that would expand the Fair Debt Collection Practices Act to first-party debt collectors, writing that the collection of debt payments from borrowers is critical to the safety and soundness of any lending institution.

Credit unions interested in learning more about Small Business Administration loan programs can get valuable information from an Oct. 16 webinar hosted by NCUA and the SBA, the first of two webinars hosted by the agencies.

The Department of Labor Tuesday released its final overtime rule adjusting the earnings thresholds related to the Fair Labor Standards Act’s minimum wage and overtime requirements.

A CUNA-backed bill to provide protections for credit unions serving legal cannabis businesses will be on the House floor this week, and CUNA will be engaged with a faster payments hearing, in addition to other activities on Capitol Hill this week.