Posted
February 05, 2017
by
Ryan Donovan
President Donald Trump signed an executive order focused on the financial system that calls for “efficient, effective and appropriately tailored” regulations. This is a key objective of Credit Union National Association’s Campaign for Common Sense Regulation.
Posted
February 02, 2017
by
ManojBhoi
The 158-page compliance guide is intended to help financial institutions understand how the rule applies to their operations.
Posted
February 02, 2017
by
ManojBhoi
The 158-page compliance guide is intended to help financial institutions understand how the rule applies to their operations.
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
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 22, 2017
by
ManojBhoi
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
ManojBhoi
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 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 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
December 13, 2016
by
CUNA Advocacy
Here's a list of a few issues that may be of interest.
Posted
December 12, 2016
by
CUNA Advocacy
We sent a letter to the Department of Defense urging them to answer some of our questions.
Posted
December 12, 2016
by
CUNA Advocacy
CUNA expressed our ongoing concerns with a proposed Consumer Response Company Response Survey.
Posted
December 12, 2016
by
Ryan Donovan
A look at our advocacy accomplishments for 2016 and the opportunities that exist in 2017.
Posted
December 12, 2016
by
CUNA Advocacy
Here are some highlights from the past year.
Posted
December 02, 2016
by
CUNA Advocacy
This week, the Consumer Federation of America held its
annual Financial Services Conference and credit union advocates were on hand to
explain the credit union difference.
Posted
October 13, 2016
by
CUNA Advocacy
CFPB approves FHFA as a conservator for the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association.
Posted
October 11, 2016
by
CUNA Advocacy
For the last two years or so, we in the CUNA/League system have been talking a lot about “360 Degree Advocacy,” this notion that if public policy issues facing credit unions are addressed from all angles, and resources are brought to bear strategically and deliberately, the likelihood of a successful outcome is increased significantly. Last week, we saw what 360 Degree Advocacy can do on two key issues – CFPB’s small dollar loan Proposal and NCUA’s supervisory improvement process.
Posted
September 30, 2016
by
CUNA Advocacy
The last week of Congressional activity before the election featured two significant events relating to credit union priorities.
Posted
September 29, 2016
by
CUNA Advocacy
Our concerns with the accuracy and privacy of the CFPB consumer complaint database extend to this latest proposal.
Posted
September 27, 2016
by
CUNA Advocacy
Our letter sent in advance of the hearing, thanked the committee for considering legislation to give NCUA clear authority to provide deposit insurance for prepaid and payroll cards.
Posted
September 22, 2016
by
CUNA Advocacy
We've used this hearing, and several others, as opportunities to express our many concerns with the outdated TCPA, and the troublesome FCC Order from last year.
Posted
September 21, 2016
by
CUNA Advocacy
The CFPB has told us that they want to hear directly from credit unions, so we have activated our Grassroots Action Center to make commenting as easy as possible.
Posted
September 16, 2016
by
CUNA Advocacy
We have been asking both NCUA and the Department of Defense to issue some much-needed clarifications for the MLA rule before it becomes effective.
Posted
September 15, 2016
by
CUNA Advocacy
In two separate letters, we thanked Senator Mike Rounds (R-SD) for introducing both of these bills, which are Senate companions of the House versions.
Posted
September 13, 2016
by
CUNA Advocacy
While the bill made it through the committee on mostly partisan lines, its not likely to get a full floor vote during this Congress.
Posted
September 13, 2016
by
CUNA Advocacy
The over 500-page Dodd-Frank reform bill is set to be considered by the House Financial Services Committee today.
Posted
September 12, 2016
by
CUNA Advocacy
This month, credit union representatives from many different states are traveling to Washington to have their voices heard, particularly on the proposed small-dollar loan rule from CFPB.
Posted
September 12, 2016
by
CUNA Advocacy
CFPB highlighted credit unions' work on financial literacy for youth, and released a report entitled " Teaching Financial Fundamentals."
Posted
September 09, 2016
by
CUNA Advocacy
It appears the Bureau is working separately with first and third party creditors as it writes new debt collection regulations.
Posted
September 09, 2016
by
CUNA Advocacy
The House Financial Services Committee next week will begin debate on the chairman's Dodd-Frank reform package, which includes several regulatory relief provisions important to credit unions.
Posted
August 30, 2016
by
CUNA Advocacy
We are seeking comments on the CFPB's proposed changes to its TILA/RESPA Integrated Discolsure (TRID) mortgage rule.
Posted
August 25, 2016
by
CUNA Advocacy
While we appreciate the release of the compliance guidance document, it may not provide sufficient information in advance of the October 3 effective date.
Posted
August 25, 2016
by
CUNA Advocacy
Members from both chambers strongly criticized the proposal and urged Director Cordray to amend or re-propose the rule.
Posted
August 25, 2016
by
CUNA Advocacy
CFPB releases a report on ways to use networks to fight elder financial exploitation and what credit unions can do to join the cause.
Posted
August 19, 2016
by
CUNA Advocacy
We strongly believe that the recent arbitration proposal from CFPB is inappropriate for credit unions, since they are owned by their members and regularly use consumer-friendly means of dispute resolution.
Posted
August 11, 2016
by
CUNA Advocacy
In recent meetings, CFPB staff have indicated that the Bureau has no intention to and does not believe it has to use the exemption authority to tailor its regulations toward the abusers of consumers, despite the overwhelming message from Congress.
Posted
August 02, 2016
by
CUNA Advocacy
This week, the FHFA accepted our concerns regarding language preference on the Uniform Residential Loan Application (URLA)