House passes NAFCU-backed reg relief bills; vote on ADA bill today

The House yesterday advanced two NAFCU-backed regulatory relief bills – one amending various banking laws and another adjusting the CFPB’s TILA/RESPA integrated mortgage disclosures (TRID) rule. The bills now await Senate action.

“We thank members of the House for supporting bills that will provide credit unions with much-needed regulatory relief,” said NAFCU Vice President of Legislative Affairs Brad Thaler. “NAFCU and its members especially thank Representatives Patrick McHenry, Gregory Meeks and French Hill for introducing these bills and responding to the needs of the credit union industry.”

The two bills passed by the House Wednesday include:

 

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