NCUA Chairman Todd Harper shared his priorities for pandemic recovery and thoughts on the path forward Tuesday at the 2021 CUNA GAC. Harper also said he believes NCUA should create a dedicated consumer protection compliance program. 

CUNA hopes a new CFPB director will recognize the unique structure of credit unions and the benefit they provide consumers but CUNA also continues to have concerns over the single director structure, it wrote before CFPB nominee Rohit Chopra's testimony Tuesday.

Credit unions ‘showing their work’ is critical to advocacy success, CUNA Chief Advocacy Officer Ryan Donovan said Tuesday at the CUNA GAC.

Financial well-being for all is how the credit union difference becomes tangible for members, CUNA President/CEO Jim Nussle said Tuesday at the CUNA GAC.

Reps. Brad Sherman (D-Calif.) and Brian Fitzpatrick (R-Pa.) introduced legislation Monday that would exempt all credit union member business loans made during a declared disaster from the member business lending cap for one year.

FHFA Director Mark Calabria announced Monday he has authorized the disbursement of $1.09 billion for Fannie Mae and Freddie Mac's affordable housing allocations for 2020. This is the largest amount ever disbursed and more than double what was provided last year.

CUNA Chief Advocacy Officer Ryan Donovan wrote to all 535 Congressional offices in conjunction with this week’s CUNA GAC, saying credit union advocates will be looking to “discuss ways Congress and credit unions work in tandem to advance your community and improve your constituents' financial well-being.”

Rohit Chopra, President Joe Biden’s nominee to lead the CFPB will appear before the Senate Banking, Housing, and Urban Affairs Committee this week as part of his nomination process. The Senate will begin consideration this week of the latest COVID-19 relief bill

A breakdown of the CUNA/League advocacy agenda, as well as information on how it will improve financial well-being for Americans, is available now.

CUNA submitted two comment letters to the Federal Housing Finance Agency (FHFA) Friday, one on Fannie and Freddie appraisal policies and the other on Fannie and Freddie’s housing goals.