Advocacy

Scheduled on Capitol Hill This Week: HFSC Hearing on FASB CECL Standards; FCC on Robocalls

December 11, 2018

Both the House and Senate are in session this week and will potentially be eyeing additional tax reform before the legislature closes out the year. The tax bill was expected to surface in discussions several weeks ago but encountered delays because of member attendance problem according to a spokesperson for the Credit Union National Association. Trade groups have called on lawmakers to provide parity for the industry in any further tax legislation.


NCUA Board December Open Meeting THURSDAY

December 11, 2018

The National Credit Union Administration Board December open meeting is Thursday, Dec. 13, beginning at 10 a.m. Eastern. The meeting, like all NCUA open board meetings, will be available on livestream from the agency’s website.


Mass. Advocacy Committee Meeting Time Change -  Conference call moved to 2:00 pm, Dec. 13

December 11, 2018

The time of the Massachusetts Advocacy Committee meeting via conference call Thursday, December 13, 2018 has changed slightly due to recent scheduling conflicts. Please note that the meeting will now be held on Thursday, December 13, 2018 at 2:00 pm.


Registration Open for CCUA’s RI Government Affairs Day on Jan. 16

December 11, 2018

Rhode Island statewide advocacy begins early in 2019 with the Association’s Rhode Island Governmental Affairs Day at the State House.


CCUA Interactive Webinar on NCUA’s Proposed Bylaw Changes TOMORROW- Still time to register

December 11, 2018

Join the Association as we explore and develop proposed changes to NCUA’s Federal Credit Union Bylaws.


NCUA Asserts It Has Authority to Define ‘Local Community’ in FOM Case Appeal

December 10, 2018

In documents filed last week, the National Credit Union Administration (NCUA) stated the NCUA board “reasonably exercised” its power to define “local community,” and U.S. District Judge Dabney Friedrich should not have ruled otherwise.


RI Advocacy Committee Conference Call TOMORROW - Register Now for Advocacy Committee Meetings

December 10, 2018

Over the next two weeks, the Association will be hosting Advocacy Committee Meetings for each of our member states via conference call. Rhode Island members are reminded that their committee meeting call is on Thursday, Dec. 13.


Association Advocacy Looks Back at 2018… And Ahead to 2019 - Episode 12 of CU Marketplace Experience Podcast on the Air

December 10, 2018

In episode twelve of The Credit Union Marketplace Experience Podcast series, the Association’s Vice President, Advocacy, Katherine Butler, provides a review of 2018 advocacy events and achievements, and a look ahead to the “hot topics” for advocacy in 2019.


Trump’s Pick to Lead CFPB Wins Senate Approval

December 07, 2018

The Senate voted 50-to-49 Thursday to confirm Kathy Kraninger, a little-known Office and Management Budget official, as the consumer watchdog’s permanent director. She will succeed her boss, White House Budget Director Mick Mulvaney, who has been leading the CFPB part-time for more than a year.


Could Cost $300M to Change CFPB to BCFP -CUs would foot part of cost

December 07, 2018

Formally changing the name of the former Consumer Financial Protection Bureau (CFPB) to the Bureau of Consumer Financial Protection (BCFP) could cost as much as $300 million for businesses the agency regulates, according to one new analysis.


CUNA Launches 2019 Small CU Scholarship Contest for GAC

December 07, 2018

For the second straight year, CUNA will award two small credit unions full scholarships to the CUNA Governmental Affairs Conference via a contest run through the CUNA Small Credit Union Community, sponsored by CUNA Mutual Group.


Delaware DAG Joins Delaware Credit Unions to Promote CU Senior Safeguard -  Elder Financial Abuse Subject of Radio Interview

December 06, 2018

Regina ‘Gina’ Schoenberg, Deputy Attorney General, Consumer Protection Unit, Fraud Division and Chair of the Senior Protection Initiative for the State of Delaware, Department of Justice, joined Tyler Kuhn, Marketing  Manager, Dover Federal Credit Union, and Carole Langiu, Director of Communications & Governmental Affairs, CCUA, to discuss the problem of elder financial abuse in Delaware with Dan Gaffney, host of Delaware 105.9FM – NewsTalk Radio.


House Freshman Ayanna Pressley Carving Her Niche in Washington

December 05, 2018

Massachusetts Representative Ayanna Pressley is fashioning herself as an ambitious new member of a chamber where change usually comes slowly. And she is emerging as an early player in the bigger group of hungry new members who may eventually clash with the seniority-driven leadership structure of the House.


NCUA Board December Open Meeting Moved to Dec. 13

December 05, 2018

The National Credit Union Administration Board has re-scheduled its December open meeting for Thursday, Dec. 13, beginning at 10 a.m. Eastern. The meeting, like all NCUA open board meetings, will be available on livestream from the agency’s website.


Credit Unions Could See Targeted Fix on Pot Banking Next Year - If Congress can come to agreement

December 05, 2018

With Republicans controlling the Senate and Democrats in charge of the House next term, observers aren’t expecting a lot of big, comprehensive banking packages like the regulatory relief bill signed into law earlier this year. But that doesn’t mean legislation can’t happen — if the industry keeps its eyes on narrow fixes. One measure to watch will be a legislative fix for banks and credit unions serving the legal marijuana industry.


National Day of Mourning for President George H. W. Bush; Federal Government Closure on Wednesday, December 5, 2018

December 04, 2018

As the Nation mourns the loss of President George H. W. Bush, President Trump has taken official action to allow Federal employees to join their fellow citizens in remembering our forty-first President of the United States. 


Merrily Gerrish Named Acting Mass. Banking Commissioner

December 04, 2018

Merrily Gerrish, the top lawyer at the Massachusetts Division of Banks, will serve as acting banking commissioner following Terence McGinnis’ resignation, according to an agency spokeswoman. General counsel at the DOB since joining the regulator in 2013, Gerrish serves as one of the DOB’s deputy commissioners.


House Republicans Name Ranking Members for 116th Congress

December 04, 2018

The House Republican Conference chose ranking members for House committees in the 116th Congress this week, with several credit union supporters being named ranking members of notable committees. With Democrats taking control of the House for the next Congress, Democratic legislators will chair all House committees, with Republicans serving as ranking members.


Association’s Mass. Members Provide Feedback on 2019-2020 Legislative Filings - Summary of Member-Only Conference Call

December 04, 2018

The Association elevated member dialogue with state and federally chartered credit unions yesterday on state legislative initiatives for the 2019-2020 session. Compiling member suggestions is a top priority to ensure that Association filings incorporate local views and represent meaningful advocacy. As a result, the Association’s diligence continues to prepare for the next legislative session.


Democratic Governors Elect Governor Gina Raimondo as Next DGA Chair -  Governor Phil Murphy to Serve as Chair-Elect for 2020

December 04, 2018

America’s Democratic Governors voted yesterday to elect Rhode Island Governor Gina Raimondo to serve as the new Chair of the Democratic Governors Association for 2019. New Jersey Governor Phil Murphy will serve as Vice Chair and Chair-Elect for 2020. The vote came at the DGA’s Annual Meeting in New Orleans, LA.


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