Straight to The Point: June 8, 2017

Good morning. In case you missed it, House Financial Services Committee Chairman Jeb Hensarling, R-Texas, was on MSNBC to talk about the Financial CHOICE Act. The House is expected to vote on the legislation in the near future. The Assembly, state Senate, House and U.S. Senate are in session today. Here are the headlines:

Officers and directors were named to the UsNet board at the shared branching network’s annual meeting – The Point

The CFPB released a study that found low-income individuals are more likely than those in higher-income areas to become “credit visible” due to a negative record – The Point

The Utica-Rome Chapter raised nearly $5,000 for the purchase of a new mobile sensory station at the chapter’s local Children’s Miracle Network Hospital – The Point

A U.S. district court has denied Wendy’s motion to dismiss a lawsuit stemming from a data breach at the fast food chain – CUToday

The Trump administration endorsed several provisions of the CHOICE Act, but made it clear the legislation is only the first step in overhauling the Dodd-Frank Act – CU Times

Online attackers are finding increasingly creative ways to wreak havoc using ransomware and now pyramid schemes – New York Times

Labor Secretary Alexander Acosta told lawmakers he is still looking at the department’s fiduciary rule, which was put in place by the Obama administration – The Hill

A new study by VISA found that 83 percent of consumers want new, internet-connected payment technologies – PYMNTS