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11.28.2022
This Week: 117th Congress Begins Final Weeks, NAFCU Continues Advocacy
Today, the 117th Congress begins its final three and a half weeks with major bills still to pass, including the National Defense Authorization Act (NDAA) and a government spending bill to avoid a government shutdown. Also, the Senate Banking Committee holds two hearings this week, a nomination hearing on Wednesday, Nov. 30 and "Fairness in Financial Services: Racism and Discrimination in Banking" on Thursday, Dec. 1.

As Congress looks to pass key legislation before the end of the year, NAFCU is urging lawmakers to pass a 2023 NDAA that’s free of any provisions that could place new burdens on credit unions, including the Credit Card Competition Act (CCCA) and expanded NCUA authority over third-party vendors.

Credit unions can continue to get involved and make their voices heard by sharing a statement that NAFCU can publicly use with media, members of Congress, to oppose NCUA vendor authority and the CCCA.

Also, this week, NAFCU hosts several webinars:

• tomorrow, a webinar presented by NAFCU Services Preferred Partner Personetics discusses how to simplify members' lives and offer them the best customer service available;

• Wednesday, a webinar presented by NAFCU Services Preferred Partner Gallagher will highlight resources to help stay competitive as credit unions seek to retain and recruit top talent for your c-suite;

• Thursday, NAFCU hosts a webinar to explore methods credit unions can utilize to create positive outcomes with frustrated members; and

• also Thursday, a webinar presented by NAFCU Services Preferred Partner DefenseStorm will explain how risk assessment is a beneficial exercise that can support and improve credit unions’ cyber readiness and compliance efforts.

Administration’s (SBA) proposed rule on affiliation and lending criteria for the SBA business loan programs.

Stay tuned to NAFCU Today for the latest out of Washington.

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