WASHINGTON, DC (May 15, 2019) — The National Association of Federally-Insured Credit Unions (NAFCU) Executive Vice President of Government Affairs and General Counsel Carrie Hunt issued the following statement after the Consumer Financial Protection Bureau (CFPB) announced plans to review its 2009 overdraft rule: “As ...
WASHINGTON, DC (May 7, 2019) — The National Association of Federally-Insured Credit Unions’ (NAFCU) Director of Regulatory Affairs Ann Kossachev issued the following statement after the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking on third-party debt collection: “We appreciate the Bureau ...
WASHINGTON, DC (April 9, 2019) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to Todd Harper being sworn into office today as a NCUA Board member: "Todd Harper has a strong understanding of ...
WASHINGTON, DC (April 8, 2019) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement in response to Rodney Hood being named chairman of the NCUA Board this morning. He replaces J. Mark McWatters, who will remain ...
WASHINGTON, DC (February 6, 2019) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement after the Consumer Financial Protection Bureau (CFPB) reissued its final payday lending rule: “We are pleased that the CFPB is going to delay ...
WASHINGTON, DC (December 14, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU), Credit Union National Association (CUNA) and CUNA Mutual Group jointly filed an amicus brief supporting the National Credit Union Administration (NCUA) in its appeal of the U.S. Court of Appeals ...
WASHINGTON, DC (December 13, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement after the NCUA Board approved of decreasing the National Credit Union Share Insurance Fund's (NCUSIF) normal operating level (NOL) from 1.39 to ...
WASHINGTON, DC (November 28, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement after the Commerce Department released its second estimate of 3rd quarter GDP growth: “Despite downward revisions to auto related purchases, consumer spending remained ...
WASHINGTON, DC (November 16, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger today issued the following statement in response to recent bank lobbyists efforts to mislead policy discourse regarding the Community Reinvestment Act (CRA), claiming with weak evidence that ...
WASHINGTON, DC (November 13, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement ahead of today’s Senate Judiciary Committee hearing discussing big bank bankruptcy and the 2008 financial crisis: “The ‘800-pound gorilla’ in the ...
WASHINGTON, DC (November 8, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement after the conclusion of the Federal Reserve’s November Federal Open Market Committee meeting: “There were no substantive changes in the FOMC’s ...
WASHINGTON, DC (November 8, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement after the Federal Reserve reported its consumer credit data for the month of September, 2018: “Consumer credit growth decelerated somewhat in September. Revolving ...
WASHINGTON, DC (November 7, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement regarding the projected outcomes of the 2018 midterm elections: “Credit unions will continue to have a strong seat at the table as ...
WASHINGTON, DC (November 2, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist Curt Long issued the following statement in response to the Labor Department’s October Jobs Report, released this morning: “The labor market topped expectations during October, with above-trend job ...
WASHINGTON, DC (October 16, 2018) — The National Association of Federally-Insured Credit Unions (NAFCU) EVP of Government Affairs and General Counsel Carrie Hunt issued the following statement after the Bureau of Consumer Financial Protection (Bureau) Acting Director Mick Mulvaney announced the agency’s intention to ...
