More than two dozen lawmakers from the House and Senate are scheduled to speak this week at the National Association of Federally-Insured Credit Union’s (NAFCU) 2017 Congressional Caucus. The ass...
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At a hearing held by the Financial Institutions and Consumer Credit Subcommittee, witnesses discussed a proposal by Rep. Ed Royce (R-CA) to protect and bolster consumer access to credit. Royce’s ...
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The House Financial Institutions and Consumer Credit Subcommittee met last week to discuss several bills aimed at improving the regulatory environment, including one that would change the asset thresh...
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The House Small Business Committee held a hearing last week to examine how the federal permitting process burdens businesses, particularly small businesses. The expert witnesses provided testimony ...
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The U.S. House of Representatives recently advanced the SELF DRIVE Act, which encourages and fosters the safe testing, development, and deployment of self-driving cars in the United States. The bil...
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The Federal Reserve recently published a paper identifying tactics it will pursue to help improve the speed, safety, and efficiency of the U.S. payment system. The paper, Strategies for Improving t...
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A Department of Housing and Urban Development (HUD) pilot study recently showed persons with developmental disabilities continue to face significant housing discrimination in the rental housing market...
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Recognizing the serious impact of Hurricane Irma on the customers and operations of many financial institutions as well as federal and state regulators said they and will provide regulatory relief and...
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The National Credit Union Administration (NCUA) provided more than $1.8 million in grants to help 251 low-income credit unions expand digital services to underserved communities, provide leadership tr...
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The Mortgage Industry Standards Maintenance Organization (MISMO) is developing new mortgage closing instruction standards and is seeking industry input on how to do it. Currently, there is no stan...
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The U.S. House of Representatives advanced a bill this week that would rein in asset forfeiture abuse by the Internal Revenue Service (IRS) in structuring cases. The Clyde-Hirsch-Sowers Restraining...
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The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) recently issued a proposal designed to shorten the standard settlement cycle for securities pur...
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U.S. Reps. Patrick Meehan (R-PA) and Donald Norcross (D-NJ) recently called on Congress to pass legislation they introduced that will allow workers in apprenticeship programs to use funds from 529 pla...
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A bill introduced by U.S. Reps. Randy Hultgren (R-IL) and Maxine Waters (D-CA) that permits the independent member with insurance expertise to continue serving on the Financial Stability Oversight Cou...
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The Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) is speeding up the flood insurance claims process and extending the grace period for paying policy renewal pr...
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The Independent Community Bankers of America (ICBA) is urging a strong and timely legislative response to Hurricane Harvey from Congress while recommending ways lawmakers can help community banks assi...
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The Federal Reserve Board adopted a final rule requiring U.S. global systemically important banking institutions (GSIBs) to amend qualified financial contracts to prevent their immediate termination i...
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The Securities and Exchange Commission (SEC) recently named Jeffrey Harris as its new director of the Division of Economic and Risk Analysis (DERA). DERA was created in 2009 to integrate financia...
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The National Association of Insurance Commissioners (NAIC) is urging drone pilots to follow requirements as water rises in Houston and other cities along the Gulf Coast after Hurricane Harvey. Dro...
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In the wake of Hurricane Harvey, the National Association of Insurance Commissioners (NAIC) is encouraging drone pilots to follow federal requirements in Houston and other cities along the Gulf Coast....
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