ARLINGTON, Va.—NAFCU is asking Congress to establish a working group to develop legislation that would help prevent the massive retailer data breaches that have occurred this past year.
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ARLINGTON, Va.—CFPB rulemaking is reducing credit union revenue and taking money out of members’ pockets.
ARLINGTON, Va.—NAFCU has sent a letter to the Federal Housing Finance Agency regarding its proposed single security structure.
ARLINGTON, Va.—NAFCU is urging Congress to hold retailers to a national data security standard.
WASHINGTON—Patrick Miller, CEO of the $406-million CBC Federal Credit Union, Oxnard, Calif., is scheduled to testify Wednesday before The House Financial Services Committee, as is Peggy Bosma-LaMascus, CEO of the $500-million Patriot FCU in Chambersburg, Penn.
WASHINGTON--CUNA sent a letter to members of the House and Senate Jan. 16. regarding its viewpoints on the new risk-based capital rule.
ARLINGTON, Va.—NAFCU is backing a bill that would ensure all regulations are subject to 10-year regulatory evaluation process.
WASHINGTON—Both credit union trade associations have made a list of top association lobbyists in Washington as published by The Hill, which covers politics.
Listed were NAFCU’s Dan Berger, CEO, and Brad Thaler, VP of Legislative Affairs (the 12th and seventh year in a row for each, respectively), as well as new CUNA CEO Jim Nussle.
The Hill described Nussle as a “former House Budget Committee chairman and Office of Management and Budget director” taking the reins at CUNA “where he’ll continue to fight against banks to save credit unions’ tax exemption.”
WASHINGTON–Both NAFCU and CUNA are objecting to an announcement by the Consumer Financial Protection Bureau (CFPB) that it will now make public complaints by consumers against financial companies