Regulatory Relief

Where We Stand

Congress should pass legislation that modernizes the CFPB and incentives common-sense regulation.

Impact on Credit Unions

For many Americans, credit unions are their opportunity for affordable financial services, but regulatory burden continues to provide challenges to credit unions and their members. Unfortunately, credit union members end up paying the price for regulatory burden. 

Victories We've Won

The Administration issued an Executive Order focused on the financial system that calls for “efficient, effective and appropriately tailored” regulations mirroring CUNA's call for tailored regulations. 

CUNA has had multiple witnesses testify before Congress in 2017 on common-sense regulations and regulatory relief. 

The DoL Fiduciary rule has been delayed 18 months to become effective in July of 2019. 

The CHOICE Act passed the U.S. House or Representatives with a number of regulatory relief provisions included. 

 

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