Alternative reg. relief bill may be introduced today

The League is hearing that Senate Banking Committee Democrats are expected to introduce an alternative reg relief bill to Sen. Shelby’s. This comes as credit unions and bankers are strongly urging the U.S. Senate Banking Committee to find bipartisan agreement on reg relief. The much anticipated reg relief bill markup scheduled for this week could […]

Florida legislature formally agrees to special session

House Speaker Steve Crisafulli and Senate Pres. Andy Gardiner formally agreed to the topics and dates of a special session. Legislative leaders announced that they have come up with a long list of items they want to tackle during a 20-day special session, scheduled for June 1 – June 20, including a new state budget […]

Thursday reg. relief markup pushed to May 21

On Friday, Senate Banking Committee Chairman Richard Shelby (R-AL) announced that the markup for a regulatory relief bill has been moved to May 21. It was originally scheduled to be marked up this Thursday. However, 10 Democrats on the committee say they wouldn’t vote for it since they have not seen the legislation. CUNA continues […]

House introduces broad data security bill

A bill that would establish a national data security standard was introduced Friday. The Data Protection Act of 2015 was introduced by Reps. Randy Neugebauer (R-TX) and John Carney (D-DE), and would establish a process for companies of all sizes to follow in order to secure consumer data. The legislation would apply to companies that […]

WSJ: Five Simple Steps to Protect Corporate Data

The Wall Street Journal (WSJ) reports on what companies should be doing to protect their computer systems – but aren’t in its article “Five Simple Steps to Protect Corporate Data.” WSJ writer Danny Yadron writes: The menace isn’t going away—it’s too profitable for those behind it. But there are a lot of smart people in […]

Rep. Jeff Miller Re-introduces Bill to Improve Veteran’s Access to MBLs

Birmingham, AL/Tallahassee, FL, March 26, 2015 – The Consumer Financial Protection Bureau (CFPB) today released proposed rules to end payday lending traps, as well as ways to restrict how payday lenders collect payments from consumers. President Obama referenced the new proposals in a speech today in Birmingham, AL. The League of Southeastern Credit Unions & […]