Posts Tagged ‘House’

House passes updated HEROES Act with CDFI funding, SAFE Banking Act

House passes updated HEROES Act with CDFI funding, SAFE Banking Act

The House voted Thursday night to pass an updated HEROES Act COVID-19 relief legislation. CUNA wrote to House leadership Wednesday noting areas it supports, specific concerns and additional suggestions. “We appreciate the swift response that [...]

CUNA, CULAC engage in key House races

CUNA, CULAC engage in key House races

CUNA and Credit Union Legislative Action Council (CULAC), its federal PAC, announced Thursday support for four incumbents in tight November races for the U.S. House of Representatives with targeted political advertising. For over 40 [...]

This week: NAFCU launches 2018 priorities on Capitol Hill

This week: NAFCU launches 2018 priorities on Capitol Hill

As the House and Senate are both now back in session, NAFCU today will launch its 2018 priorities on Capitol Hill identifying the top credit union issues before Congress this year. NAFCU unveiled its 2018 [...]

House poised to vote on overturn of CFPB arbitration rule

House poised to vote on overturn of CFPB arbitration rule

The House is slated to vote today on a resolution offered under the Congressional Review Act to disapprove of a final CFPB arbitration rule that is currently set to take effect Sept. 18. The House [...]

Connecting millennials to mortgages

Connecting millennials to mortgages

Thirty-eight percent of millennials anticipate buying a home in the next five years, according to Fall 2015 research from Raddon Financial Group. Of this younger home-buying group, 71 percent will be first-time buyers – many of [...]

329 House members ask CFPB to exempt credit unions

329 House members ask CFPB to exempt credit unions

CFPB Director Richard Cordray received a letter Monday signed by a bipartisan group of 329 House members urging the bureau to use its Dodd-Frank Act authority to exempt credit unions from certain rulemakings. The letter, [...]

62 in House echo credit unions’ CECL concerns

62 in House echo credit unions’ CECL concerns

Reps. Scott Tipton, R-Colo., and Patrick Murphy, D-Fla., along with 60 other House members sent a NAFCU-endorsed letter to the Federal Accounting Standards Board to raise concerns about how its proposed current expected credit loss [...]

House passes ‘SCRUB Act’; bill awaits Senate action

House passes ‘SCRUB Act’; bill awaits Senate action

The House, voting 245-174, yesterday passed the NAFCU-backed “Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act,” which now awaits Senate action. H.R. 1155 would establish a review process for regulations and [...]

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