A proposed settlement was submitted to the court for approval Wednesday which would conclude the data breach lawsuit brought against Home Depot stemming from a 2014 data breach. CUNA, state leagues and a number of credit unions are among the plaintiffs.
In his first address since his designation as Acting NCUA Board Chairman, J. Mark McWatters spoke today at the Credit Union National Association’s Governmental Affairs Conference (CUNA GAC).
Sen. Mike Rounds (R-S.D.) introduced a CUNA-backed regulatory relief bill Tuesday that would require regulators to take risk into account when promulgating regulations. The Taking Account of Institutions with Low Operation Risk (TAILOR) Act (S. 366) would reduce regulatory burden for financial institutions with lower risk profiles.