Straight to The Point: June 19, 2017


Good morning. Lawmakers are back in Albany today for the final three days of session. Politico New York reports that the legislators have yet to reach deals on some of the more headline-making issues this session. The House is off today, but the U.S. Senate is in session. Here are this morning’s headlines:

star3 The New York Credit Union Association has partnered with SpringFour to provide credit unions with a new benefit of membership. The new tool can be used by credit union staff to connect members who are struggling financially with trusted resources – The Point

star3 The Association initiated a call to action late last week, urging advocates to ask lawmakers to support legislation that would grant credit unions access to the state Banking Development District Program. There is still time to participate – The Point

star3 Registration is now open for the Association’s new Basic Accounting Workshops – The Point

star3 The acting NCUA Chairman and other financial regulators are scheduled to testify before the Senate banking committee next week in the panel’s hearing on how to redesign the financial regulatory regime – CU Times

star3 The chairman of the Senate banking committee said “there’s a fair chance” Congress will enact regulatory relief for small and mid-size institutions – Bloomberg BNA

star3 U.S. homebuilding fell for a third straight month to the lowest level in eight months, which could raise concerns that the housing market recovery is faltering – Reuters

star3 The CFPB is asking the public to comment on some proposed changes to its rules for prepaid cards – The Hill

star3 The U.S. government issued a detailed advisory about North Korea’s hacking activities, warning that the country continues to target U.S. financial institutions and more – CUinfoSecurity

star3 The kneejerk opposition to the Banking Development District Program bill from the banking lobby is even more cynical than usual – New York’s State of Mind

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