Straight to The Point: June 26, 2017


Good morning, and happy Monday. Both the House and U.S. Senate are in session today. Here are the headlines this morning:

star3The NCUA board of directors held their monthly meeting Friday. Among other items, the board is seeking comment on the agency’s proposed changes to its Overhead Transfer Rate methodology – NCUA

star3Alloya Corporate FCU will host its Credit Union Executive Leadership Symposium in Chicago. The conference will be held Sept. 7-8, and it will feature educational sessions focused on industry trends, economic factors and leadership – The Point

star3Credit Union Times is accepting nominations for its Trailblazer, 40 Below awards. The awards honor young credit union professionals who are working to better the credit union movement – CU Times

star3Twenty-two trade groups—including CUNA—are asking congressional appropriators to convert the CFPB into a five-member bipartisan commission whose nominees are confirmed by the Senate – CU Times

star3Nine out of ten finance professionals believe that cyberattacks and payment fraud will get worse within the next three years – CUToday

star3Senate banking committee Chairman Mike Crapo, R-Idaho, said that the panel is “actively engaged” in moving forward with overhauling Obama-era banking regulations – The Hill

star3Two weeks prior to the WannaCry ransomware attack, IDT Corporation was hit with an unprecedented cyberattack that “the world isn’t ready for” – New York Times

 star3Andrew Cuomo wants to bring lawmakers back to Albany specifically to tackle mayoral control over New York City schools, and ostensibly to tackle other issues – Times Union

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