NAFCU at bureau today on S. 2155 changes, debt collection

NAFCU today will meet with Tom Pahl, policy associate director for research, markets and regulations at the Bureau of Consumer Financial Protection (previously the CFPB), to discuss implementation of S. 2155 changes to bureau rulemakings to ensure that any regulatory changes do not impose undue burdens on credit unions.

NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt, Senior Regulatory Affairs Counsel Ann Kossachev and Regulatory Affairs Counsels Andrew Morris and Kaley Schafer will attend today’s meeting.

Earlier this summer, NAFCU President and CEO Dan Berger shared a list of recommended regulatory actions with bureau Acting Director Mick Mulvaney in a hand-delivered letter that should be pursued in light of the enactment of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155).

NAFCU today will follow-up with Pahl on some of Berger’s requests.

 

continue reading »