CUNA Advocacy Update
March 21, 2016
March 21, 2016
The House Financial Services Committee will hold a hearing on “The State of the International Financial System.”
The House Financial Services Committee Housing and Insurance Subcommittee will hold a hearing on “The Future of Housing in America: Government Regulations and the High Cost of Housing.”
The House Ways and Means Committee Tax Policy Subcommittee will hold a hearing on “Member Day – Fundamental Tax Reform Proposals.”? Among others, Rep. Devin Nunes (R-CA) is expected to testify.
The House Energy and Commerce Committee Subcommittee on Communications and Technology will hold a hearing on Oversight of the Federal Communications Commission. The FCC Commissioners will testify.
On Thursday, the CFPB’s Credit Union Advisory Council will hold a meeting. Several CUNA members serve on this council, which gives us an important opportunity to discuss concerns with CFPB rulemaking, proposals and other activities. Also on Thursday, the National Credit Union Administration will hold its March meeting.
The Senate Banking Committee will hold a hearing entitled, “Assessing the Effects of Consumer Finance Regulations.” The witnesses for this hearing will be Leonard Chanin, the author of CUNA’s legal opinion memo on CFPB’s statutory exemption authority, and Todd Zywicki, a professor of law at George Mason University who recently participated in a breakout session on CFPB regulations at CUNA’s GAC.
The Senate Banking Committee will hold a hearing entitled, “the Consumer Financial Protection Bureau’s Semi-Annual Report.” CFPB Director Cordray will testify.
|Issue||Comment Period Deadline||
|CUNA Staff Contact|
|EGRPRA Review||March 22, 2016||NCUA||Andy Price|
|March 28, 2016||NCUA||Lance Noggle|
|April 4, 2016||FinCEN||Luke Martone|
|Overhead Transfer Rate Methodology||April 26, 2016||NCUA||Andy Price|
|Operating Fee Methodology||April 26, 2016||NCUA||Andy Price|
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