Credit Union National Association (CUNA) submitted comments advocating for the Bureau to amend the payday lending rule with the addition of an unequivocal, express exemption for small dollar loans offered by credit unions.
Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez announced a proposal to cap the interest rates consumers pay for credit card and other loans. In that proposal they also called for the U.S. Postal Service to start providing more affordable financial services products to consumers.
The House Financial Services Committee (HFSC) today approved H.R. 2514, the “Coordinating Oversight, Upgrading and Innovating Technology, and Examiner Reform (COUNTER) Act of 2019,” which includes Bank Secrecy Act/Anti-Money Laundering (BSA/AML) relief for credit unions.
Credit Union National Association sent setters for the record to House and Senate subcommittees to outline credit union priorities following today’s hearings on flood insurance, international development, minority home ownership and illegal robocalls.
The Senate Banking Committee and House Subcommittee on Consumer Protection and Commerce today held hearings on privacy rights and data collection in the digital economy.
Credit Union National Association (CUNA) wrote to the Consumer Financial Protection Bureau (CFPB) seeking stronger requirements for Residential Property Assessed Clean Energy (PACE) loans.
Today Credit Union National Association (CUNA) President/CEO Jim Nussle released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a proposed rule on HMDA’s data reporting requirements that would clarify partial exemptions from certain Home Mortgage Disclosure Act (HMDA).
Credit Union National Association (CUNA) continues their efforts to ensure data privacy and security is a top priority for Congress. Ahead of the Senate Committee on Commerce, Science & Transportation hearing today, CUNA sent a letter for the record to advocate for a strong, national data privacy standard.
Credit Union National Association (CUNA) wrote a letter to Armed Services Committee leadership in the House and Senate regarding the National Defense Authorization Act (NDAA) for fiscal year 2020.