Blog
- With Bills in Markup, Trades Press Congress to Take Action
May 18, 2022CUNA and the state leagues continue to press Congress to support a number of bills that are in markup before the House this week. NAFCU weighed in on the legislation here.
- Three CU-Related Bills Head to Markup in House Today, Including Bill Giving NCUA Oversight of Third Parties
May 17, 2022Three bills of strong interest to credit unions are on the agenda for markup by the House Financial Services Committee, one of which “poses a costly threat to the credit union industry,” according to NAFCU.
- Pages From the Diary of Mrs. C. Hunt - A Little Bit Dirrrty
May 17, 2022Let's dish some dirt and talk EMERGE Conference and today's House Financial Services Committee's markup of credit union legislation
- Supreme Court Ruling Means CFPB Must Start Over on Payday Loan Rules, Attorney Argues
May 17, 2022A Fifth Circuit Court panel is questioning whether a U.S. Supreme Court ruling requires the Consumer Financial Protection Bureau to invalidate a 2020 payday rule and to restart the process of new payday loan regulations.
- FOM Modernization Bill is Free-Market Solution to Address Financial Access
May 17, 2022CUNA wrote in support of several bills scheduled for markup Tuesday by the House Financial Services Committee, including the Expanding Financial Access for Underserved Communities Act, Close the ILC Loophole Act, and CDFI Bond Guarantee Improvement Act.
- FOM Modernization, ILC Loophole Legislation Scheduled for Markup
May 17, 2022The House and Senate are both in Washington, D.C., this week. The House Financial Services Committee will mark up several bills Tuesday, including the CUNA-League-supported Expanding Financial Access for Underserved Communities Act (H.R. 7003).
- USAA Scores Mobile Deposit Capture Patent Win Against PNC
May 17, 2022USAA continues to take on its large-bank rivals with patent suits. A court in Marshall, Texas, has awarded the San Antonio company $218 million in damages over its claims that PNC Bank infringed four USAA patents related to remote check deposit technology.
- House Committee to Mark Up Field-of-Membership Modernization Bill
May 16, 2022The House Financial Services Committee will mark up CUNA and League-supported the Expanding Financial Access to Underserved Communities Act starting Tuesday. The bill was introduced in March by Chairwoman Maxine Waters, D-Calif., in the days after the 2022 CUNA GAC.
- Reminder: May 19 Webinar Covers Protecting Older Members
May 16, 2022NCUA will host a webinar for credit unions looking to protect their older members on Thursday, May 19, beginning at 1 p.m. ET. Registration for “How Credit Unions Can Protect Older Americans Against Financial Exploitation” is now open and will run approximately 60 minutes.
- NCUA Already Has All the Third-Party Oversight Tools it Needs, NAFCU Tells Committee
May 16, 2022Ahead of a hearing at which an NCUA executive again called for Congress to provide the agency with third party oversight authority, NAFCU reiterated its opposition to NCUA being given such expanded authority.