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This week: Senate returns from winter break, Banking Committee looks at CDFIs
With Senator Joe Manchin’s (D-WV) announcement that he cannot support the budget reconciliation package – the Build Back Better Act (BBBA) and Senate’s decision last month to push any further work on it into 2022, the chamber returns this week from winter break to try to jumpstart negotiations to revive the package. The House is scheduled to return next week.
In addition, the Omicron coronavirus variant continues to surge and officials are working to provide guidance on how to mitigate the risk of spreading the virus. NAFCU continues to share regulatory compliance updates on the vaccine mandates.
This week credit unions can save $300 on registrations for any 2022 conference and online training subscription with code HOLIDAY through Jan. 7; the code can be used as many times and for as many people as needed, though it cannot be combined with other offers or applied to previously registered events. Learn more about NAFCU's online training subscriptions here.
Also happening this week:
- Wednesday, the Senate Banking Committee will hold a hearing to explore how community development financial institutions support underserved communities.
Stay tuned to NAFCU Today for the latest out of Washington.