Newsroom
July 18, 2022
This week: NAFCU tracks several hearings, NCUA Board meeting
This week, both the House and Senate are in session and NAFCU will remain engaged with lawmakers on the industry’s top priorities.
Hearings of note this week include:
- tomorrow, at 2:00 p.m. Eastern, the House Financial Services Subcommittee on Oversight and Investigations will hold a hybrid hearing to discuss how mass shootings harm communities, local economics, and economic growth;
- tomorrow, at 2:30 p.m. Eastern, the Senate Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development will hold a hearing on the opportunities and challenges in addressing homelessness;
- tomorrow, the Senate Banking, Housing, and Urban Affairs Committee will hold a hearing to discuss racism, discrimination, and fairness in financial services;
- Wednesday, at 10:00 a.m. Eastern, the House Financial Services Committee will hold a hybrid hearing to provide oversight of the Federal Housing Finance Agency; and
- NAFCU continues to monitor the House Energy and Commerce Committee for a markup on data privacy legislation.
In addition, the NCUA Board will meet Thursday at 10:00 a.m. Eastern and will issue a final rule regarding asset threshold for determining the appropriate supervisory office. The board will also receive a briefing on the agency’s 2022 mid-session budget, as well as a proposed rule on cyber incident notification requirements. View the agenda; NAFCU will monitor the meeting and update credit unions on the latest from the NCUA.
Other items happening this week:
- tomorrow, NAFCU’s Regulatory Committee will meet;
- tomorrow, the second of three NAFCU ACH 101 Bootcamp training webinars will take place; and
- Friday, comments are due to NAFCU in response to the Financial Crimes Enforcement Network’s proposal on the creation of a no-action letter program (view NAFCU’s Regulatory Alert).
Stay tuned to NAFCU Today for the latest credit union industry news.