The House voted Thursday night in favor of the CUNA-backed bill, the Home Mortgage Disclosure Adjustment Act (H.R. 2954), which would raise the reporting threshold for certain Home Mortgage Disclosure Act requirements.
Credit Union National Association (CUNA) Chief Advocacy Officer Ryan Donovan issued the following statement after the Federal Communications Commission (FCC) Thursday voted to approve its default call-blocking order, which includes a modification that gives callers a mechanism to file complaints with voice carriers over erroneously blocked calls.
The Federal Communications Commission (FCC) will soon vote on a draft declaratory ruling that would give phone service providers the authority to block legal automatic calls. Credit Union National Association (CUNA) represents nearly 5,500 federal and state credit unions whose members need communication on a host of fronts.
In the May edition of the CUNA Economic Update, sponsored by CUNA Finance Council, CUNA Chief Economist Mike Schenk explores President Trump’s decision to increase Chinese tariffs from 10% to 25% and its impact on the U.S economy.
Credit Union National Association (CUNA) responded to the Department of Labor’s (DOL, Department) overtime regulation proposal under the Fair Labor Standards Act (FLSA). CUNA urges the DOL to further consider how the current proposal would create excessive costs and compliance burdens for credit unions.
Credit Union National Association (CUNA) today wrote in support of S. 1564, the Continued Encouragement for Consumer Lending Act, which would require the current expected credit loss (CECL) standard to be delayed and studied by the Securities and Exchange Commission along with the federal financial regulators, including the National Credit Union Administration (NCUA).
Credit Union National Association (CUNA) requested National Credit Union Administration (NCUA) explore the idea of adopting a floating interest rate cap for federal credit union loans instead of its traditional fixed interest rate (currently 18%) in a letter to NCUA Chairman Rodney Hood and board members Todd Harper and J. Mark McWatters Wednesday.