America’s Credit Unions President/CEO Jim Nussle wrote in strong support of the CBDC Anti-Surveillance State Act (H.R. 5403) in advance of House floor consideration of the bill this week. The bill prohibits the Federal Reserve from issuing a central bank digital currency (CBDC). “While a central bank digital currency (CBDC) might sound like it would …
Nussle backs bill to bar Fed from issuing CBDC prior to House vote Read More »
The America’s Credit Unions April 2024 Economic Update is now available online, featuring key insights into the organization’s forecast for the housing market in 2024. In the video, America’s Credit Unions Deputy Chief Economist and Head of Emerging Issues Curt Long suggested flat home price growth and limited change in purchase activity through 2024. Long shared …
April 2024 Economic Update: Flat home price growth expected in 2024 Read More »
Legislative proposals to expand financial institution liability under the Electronic Fund Transfer Act (EFTA) are deeply concerning to America’s Credit Unions and its members, President/CEO Jim Nussle wrote to the Senate Homeland Security Permanent Subcommittee on Investigations Monday. The committee will conduct a hearing on fraud and the Zelle network Tuesday. Credit unions, community banks, …
Nussle: Fraud solutions should not expand liability under EFTA Read More »
America’s Credit Unions President/CEO Jim Nussle and members of the organization’s advocacy team met with Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel Monday to discuss credit union priorities related to several agency actions. The group discussed America’s Credit Unions’ recent comments filed with the FCC urging it to reject a request to require an automated …
Nussle talks TCPA, other issues with FCC chairwoman Read More »
Credit unions’ focus on members helps them provide more personalized service, America’s Credit Unions Chief Membership and Engagement Officer Anthony Demangone told Vox Creative for an article on how joining a credit union benefits communities. In addition to products and services, Demangone notes that credit unions also partner with members to help them achieve “life’s …
Demangone: Credit unions believe in financial access for all Read More »
The House and Senate are in Washington D.C., this week, and America’s Credit Unions will be engaged with activities on Capitol Hill, as well as the NCUA’s May board meeting. The House is scheduled to vote on a bill to create a framework for digital assets that aims to create innovation while protecting investors and …
This week: Congress in D.C., NCUA conducts board meeting Read More »
“Notice and comment rulemaking is the backbone of responsible regulation,” wrote America’s Credit Unions’ Amanda Smith in a letter to the Office of Management and Budget Friday. “As industry grew more complex in the early 20th century, so did its oversight. The government’s answer to this burgeoning complexity was to defer regulation to the federal …
Notice and comment rulemaking is the “backbone of responsible regulation” Read More »
