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Nomination hearing for McWatters on March 4

CUNA News Now Headlines 2/26/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

McWatters' NCUA nomination to get March 4 Senate Banking hearing

The Senate Banking Committee has announced a March 4 hearing for the nomination of Mark McWatters to become a member of the National Credit Union Administration board. More

Ways and Means members highlight their support for CUs at CUNA GAC

With House Ways and Means Committee Chairman Dave Camp (R-Mich.) expected to release his much-anticipated and much-delayed plan to overhaul the tax code today, attendees of the CUNA's 2014 Government Affairs Conference lent an attentive ear to members of the committee who spoke at the GAC Tuesday. More

Royce to intro new MBL-related legislation this week

Legislation that would exempt certain housing loans from the member business lending cap will be introduced this week, Rep. Ed Royce (R-Calif.) told CUNA's 2014 Governmental Affairs Conference attendees Tuesday. More

House GOP Whip McCarthy concerned about excessive rules

House Majority Whip Kevin McCarthy (R-Calif.) said Tuesday that federal regulators are increasingly enacting new rules at a hefty cost to small businesses. More

Issa calls for data protection without CU regulatory burden

House Oversight Committee Chair Darrell Issa (R-Calif.) said Tuesday that congressional leaders need to strengthen cybersecurity rules without mandating additional regulatory burdens on credit unions and other financial institutions More

CFPB meets CUNA request for CUAC deadline extension

The deadline for applications to the Consumer Financial Protection Bureau's Credit Union Advisory Council has been extended to March 14, CFPB Deputy Director Steve Antonakes said Tuesday morning. More

Metsger tells GAC: CU directors, regulators aren't so different

The role of a volunteer credit union board member and that of a federal credit union regulator are not all that different, National Credit Union Administration board member Rick Metsger said Tuesday during CUNA's 2014 Governmental Affairs Conference in Washington. More

Albright: Global reach--CUs can help Ukraine recover

Former Secretary of State Madeleine Albright said on Tuesday that credit unions can play a role in helping Ukraine emerge from its current political and economic turmoil. The former top U.S. envoy said at the CUNA Governmental Affairs Conference in Washington that she discussed the matter with CUNA President/CEO Bill Cheney. More

Couldn't make GAC? Leagues keep CUs informed

While the Walter E. Washington Convention Center is hopping with more than 4,400 people, credit union advocates back home can still get in on the action at CUNA's 2014 Governmental Affairs Conference, thanks to their leagues. More

Tester seeks CU help to move housing reforms forward

Noting that the economy "will not fully recover until we further rebuild our housing market," Sen. Jon Tester (D-Mont.) on Tuesday encouraged credit unions to lobby for a bipartisan housing finance reform bill. More

'Make no little plans,' Fryzel tells GAC audience

Channeling architect Daniel Burnham, National Credit Union Administration board member Michael Fryzel urged 2014 CUNA Governmental Affairs Conference attendees to "Make no little plans. They have not the magic to stir men's blood." More

GAC breakout: Industry experts give tips on combating data security issues

"We're never going to see the end of cyberintrusion ... there is too much rich data out there," said John Buzzard, FICO fraud banking product manager. You can, however, eliminate counterfeit products down the line once data is stolen, he noted. More

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