Credit Union National Association (CUNA) Chief Economist Mike Schenk issued the following statement in response to the Labor Department’s April Employment Situation.
The Consumer Financial Protection Bureau’s (CFPB) credit card late fee proposed rule is a “gross deviation from the Bureau’s standards for issuing policies grounded in sound and relevant data,” the Credit Union National Association (CUNA) wrote Wednesday.
CUNA, the Defense Credit Union Council, and National Association of Federally-Insured Credit Unions wrote to House and Senate Armed Services Committee leaders in advance of consideration of the FY24 National Defense Authorization Act (NDAA) Tuesday.