Washington Wire – Oct. 16, 2018

CUNA hosted a webinar on October 10th with Bureau of Consumer Financial Protection staff on changes to Home Mortgage Disclosure Act (HMDA) reporting requirements. A recording of the webinar is available for free to CUNA members, and will be available shortly. Partial exemptions from HMDA reporting are part of the Economic Growth, Regulatory Relief and Consumer Protection […]

Washington Wire – Oct. 10, 2018

This week in Washington, the House is in recess until after the November midterm elections. The Senate is expected to consider executive and judicial nominations. In committee on Wednesday, the Senate Commerce, Science and Transportation will hold a hearing: “Consumer Data Privacy: Examining Lessons From the European Union’s General Data Protection Regulation and the California Consumer Privacy Act.” […]

McWatters testifies before Senate Committee on behalf of CUs

Congress could bolster consumer access and better protect credit unions and members by making legislative changes proposed Tuesday by NCUA Board Chairman J. Mark McWatters. The Senate Committee on Banking, Housing, and Urban Affairs asked the primary banking regulators from the Federal Reserve, OCC, FDIC, and NCUA to testify on their implementation status of S.2155. […]

Washington Wire – Oct. 2, 2018

This week in Washington, the House is in recess until Nov. 13. On the floor, the Senate will resume consideration of H.R.302, the five-year reauthorization of the Federal Aviation Administration.  The Senate is also expected to vote on H.R. 6, legislation to address opioid abuse. Today, the Senate Banking, Housing and Urban Affairs Committee will hold a […]

Current laws, regs ensure CU member data is protected

Current laws and examination practices ensure that credit unions members private information is properly protected, CUNA wrote Tuesday to the Senate Commerce Committee. CUNA’s letter was sent to committee leadership for the record its hearing on safeguards protecting consumer data privacy. “Privacy and the use consumers’ personal information is likely to a major issue for technology, fintech […]