Good morning, and happy Friday. The Legislature is off today. Monday marks the beginning of the final three days of session. Correction to this morning’s email edition: The House and U.S. Senate recessed for the weekend. Here are this morning’s headlines:
Important: The New York Credit Union Association has issued a time-sensitive call to action in support of a bill that would grant credit unions access to the state Banking Development District Program – The Point
NCUA’s upcoming board meeting, previously scheduled for Thursday, June 22, has been rescheduled to Friday, June 23, at 10 a.m. The agenda is now available – The Point
Trish Shermot of Visions FCU was among the 48 credit union professionals to receive their Credit Union Development Educator certification – The Point
Virtually all financial and payments professionals believe payments fraud is only going to get worse in the near future – CU Times
Treasury Secretary Steven Mnuchin said his number one priority is creating sustainable growth for all Americans, and that includes regulatory relief for America’s credit unions – CUToday
The Treasury Department believes that consumer filed complaints with the CFPB should be accessible only to government agencies – PYMNTS
While still recovering from last year’s consumer bank scandal, Wells Fargo is now being accused of making unauthorized changes to home loans held by customers in bankruptcy – New York Times
In addition to another expected hike in interest rates, the Federal Reserve announced a plan to reduce its portfolio of Treasury bonds and mortgage-backed securities – Reuters
Many consumer advocates live in a world where there are no tradeoffs between consumer protections and access to credit – New York’s State of Mind