NAFCU monitoring FCC budget hearing for possible TCPA discussion
NAFCU is monitoring a Senate Appropriations subcommittee hearing today on the Federal Communications Commission’s FY2018 budget for any discussion regarding FCC’s Telephone Consumer Protection Act order on autodialed calls, the subject of a lawsuit NAFCU joined on behalf of credit unions in 2015.
The Senate Appropriations Subcommittee on Financial Services and General Government, chaired by Sen. Shelley Moore Capito, R-W.Va., will meet at 2:30 p.m. in Room 138 of the Senate Dirksen Office Building. Witnesses include FCC Chairman Ajit Pai, and FCC Commissioners Mignon Clyburn and Michael O’Reilly.
NAFCU continues to press for modernization of the TCPA and maintains that the FCC’s 2015 declaratory ruling and order will make it extremely difficult for credit unions and other financial institutions to contact their members about potentially fraudulent activity, identity theft and data breaches.
At an open FCC meeting in March, FCC Commissioner O’Reilly said the commission’s order has harmed businesses and their customers due to legitimate calls deemed in violation of the act.
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