Posted
January 29, 2017
by
Chandler Schuette
On Friday, PHH filed its response to the CFPB’s request for a rehearing en banc in the landmark lawsuit in which the U.S. Court of Appeal for the D.C. Circuit found that the construct of the CFPB violates the constitution and that the Director of it can be removed “at-will”. PHH argued that the court should deny the petition for rehearing en banc.
Posted
January 29, 2017
by
Ryan Donovan
This week, the House will vote on a number of noncontroversial national security bills as well as begin a process of voting to repeal certain federal regulations. The Senate will continue votes to confirm more of President Trump’s cabinet nominations.
Posted
January 27, 2017
by
CUNA Advocacy
New Georgia legislation will reduce compliance burdens and
improve the operational environment for credit unions.
Posted
January 27, 2017
by
CUNA Advocacy
In response to well-publicized data breaches, state
lawmakers in Connecticut, Georgia and Oklahoma are considering legislation that
would strengthen existing data breach notification laws.
Posted
January 27, 2017
by
Chandler Schuette
Several special interest groups, as well as Congressional Democrats petitioned to join the PHH lawsuit while legal experts continue to opine on whether President Trump has the authority to remove CFPB Director Richard Cordray.
Posted
January 26, 2017
by
CUNA Advocacy
The report details the current landscape and challenges regarding development of a faster payments system in the U.S.
Posted
January 26, 2017
by
CUNA Advocacy
The court found that ICBA
lacked standing and timeliness for the claim.
Posted
January 26, 2017
by
CUNA Advocacy
CUNA and the Ohio Credit Union League met this week with several members of Ohio's congressional delegation, including delegation members..
Posted
January 26, 2017
by
Chandler Schuette
CUNA will address some additional concerns credit unions have with the July 2015 TCPA Order.
Posted
January 25, 2017
by
ManojBhoi
Yesterday Senator Susan Collins (R-ME) introduced S. 223,
the Senior $afe Act of 2017. Senator Claire McCaskill (D-MO) is once
again the Democratic lead.
Posted
January 24, 2017
by
CUNA Advocacy
HUD and SBA hearings among those observed.
Posted
January 23, 2017
by
CUNA Advocacy
Here are the details from NCUA's January 19th meeting
Posted
January 23, 2017
by
CUNA Advocacy
In one of the new Administration's first actions, the Department of Housing and Urban Development (HUD) announced Saturday that a cut in Federal Housing Administration (FHA) mortgage insurance premiums scheduled to go into effect January 27 would not happen as
Posted
January 22, 2017
by
CUNA Advocacy
Washington State lawmakers are considering H 1318, which would permit state-chartered credit unions to accept supplemental capital immediately upon a change at the Federal level.
Posted
January 22, 2017
by
Chandler Schuette
It was widely reported on Friday that President Trump plans to tap Federal Communications Commission (FCC) Commissioner Ajit Pai to lead the agency in the new Administration.
Posted
January 22, 2017
by
CUNA Advocacy
On the night of the Inauguration the Trump Administration issued a regulatory freeze in a memo from Chief of Staff Reince Priebus to the heads of Executive departments and agencies.
Posted
January 19, 2017
by
CUNA Advocacy
This week, bills were
introduced in Nebraska and New Mexico that would positively impact the ability
of credit unions to serve their members.
Posted
January 19, 2017
by
ManojBhoi
Congress should consider feedback from credit unions that participated on SBREFA panels who felt that final rules did not include enough changes and/or exemptions to limit impact on small credit unions.
Posted
January 16, 2017
by
Ryan Donovan
Almost all of the attention this week will focus on the inauguration ceremonies which will take place on Friday, and the peaceful transfer of power from one administration to the next.
Posted
January 13, 2017
by
CUNA Advocacy
CUNA continues to oppose the CHOICE provision that would expand the charter for savings and loan associations in absence of similar legislation expanding credit unions’ charter to be more flexible on member business lending and not subject to the 12.25 percent cap.
Posted
January 13, 2017
by
CUNA Advocacy
This week, 36 states were in session and legislation
was introduced that would expand both powers and protections for credit unions.
Posted
January 13, 2017
by
CUNA Advocacy
Cybersecurity Assessment and Bank Secrecy listed among other priorities to assist credit unions prepare for their next exam.
Posted
January 12, 2017
by
Chandler Schuette
In its findings, the CFPB identifies a number of consumer preferences and concerns. It also highlights some differences when comparing collections for creditors and collectors.
Posted
January 11, 2017
by
CUNA Advocacy
The
plaintiffs claim that the New York’s law violates a merchant’s right of free
speech by regulating how they communicate a pricing structure to customers
Posted
January 10, 2017
by
CUNA Advocacy
Today four House members introduced legislation that would correct the disparity between banks and credit unions regarding the 1 4 non owner occupied residential loans.
Posted
January 10, 2017
by
Chandler Schuette
The event will feature remarks from Attorney General Karl Racine and CFPB Director Richard Cordray, as well as comments by members of the public
Posted
January 09, 2017
by
CUNA Advocacy
The legislation would delay implementation of the rule for two additional years after April 2017, when the first implementation date is currently set.
Posted
January 09, 2017
by
CUNA Advocacy
Court ruled that the appeal can continue, which means the court could at any time grant the request to permanently stop the rule from moving forward.
Posted
January 09, 2017
by
Chandler Schuette
Exemption threshold for HMDA will remain at $44 million
Posted
January 09, 2017
by
CUNA Advocacy
As a result of last fall's election and the ordinary turnover of Members of the House and Senate, Congressional leaders on both sides of the aisle and both sides of the Capitol have been busy this
Posted
January 08, 2017
by
CUNA Advocacy
Credit union advocates wasted no time last week making sure our 2017 agenda was front and center in Congress, and the momentum we are generating is crucial in a year that presents incredible opportunity and challenges.
Posted
January 08, 2017
by
Ryan Donovan
Congress takes steps to prepare for the Trump administration to begin
Posted
January 08, 2017
by
CUNA Advocacy
Legislatures in 17 states convened this week and lawmakers were met with bills that would provide credit unions with the with the clarity, flexibility and powers to effectively serve their members.
Posted
January 06, 2017
by
Chandler Schuette
Here's a rundown of everything you need to know about applying to CUAC.
Posted
January 05, 2017
by
CUNA Advocacy
Prior to consideration in the House of Representatives, CUNA sent a letter to Members of the House urging them to vote for the bill.
Posted
January 04, 2017
by
CUNA Advocacy
CUNA filed a letter with NCUA on an interagency proposal to amend regulations regarding loans in areas having special flood hazards to implement the private flood insurance provisions of the Biggert-Waters Flood Insurance Reform Act of 2012.
Posted
January 04, 2017
by
Chandler Schuette
New York’s Department of Financial Services reissued its
proposed Cybersecurity Program Requirements which are to be phased in starting
March.
Posted
January 03, 2017
by
Ryan Donovan
As we have discussed over the last several months, we see a lot of opportunity to advance regulatory reform legislation that improves the operating environment for credit unions to serve their members.
Posted
January 03, 2017
by
CUNA Advocacy
The Consumer Financial Protection Bureau’s Office for Older Americans has created a guide called Managing Someone Else’s Money specific to financial caregivers in Illinois. It is hosting a webinar on January 12 to provide information about it.
Posted
January 03, 2017
by
Ryan Donovan
Today, the 115th Congress will convene its first session. With pomp and circumstance, all House members and newly elected Senators will be sworn in, and the House of Representatives will elect the Speaker of the House. For members, staff and