Straight to The Point: July 28, 2017


Good morning, and happy Friday. For those keeping track, the NCUA board of directors has rescheduled its September meeting. Both the House and Senate are in session today, presumably their final day of work before their monthlong August recess. Here are this morning’s headlines:

star3 Sunmark FCU and Association board Chairwoman Marie Betti, CEO/treasurer of Western New York FCU, separately received recognition recently – The Point

star3 Enrollment is now open for the statewide prize-linked saving program, Lucky Savers. Since launching in October 2015, Lucky Savers has helped thousands of first-time savers and “financially vulnerable” credit union members – The Point

star3 The National Credit Union Foundation has opened registration for its November Development Educator training in Madison, Wisconsin – National Foundation

star3 Between January 1 and June 30 of this year, there were 2,227 publicly disclosed data breaches, which exposed more than 6 billion records – CU Times

star3 The number of people renting homes in the U.S. has risen to its highest point in the past 50 years – CUToday

star3 U.S. auto sales in July fell a little more than 5 percent from the same month in 2016, the fifth consecutive month of declining sales – Reuters 

star3 Republican leaders in Congress and the Trump administration declared on Thursday that they had united behind a set of common principles that would guide them in their tax-reform efforts – New York Times

star3 Twitter lost 2 million users in the U.S. last quarter, and it failed to add any global users, indicating trouble for the once influential social network – CNN

star3 The “summer of hell” for New York City commuters is symbolic of what needs to happen to the outdated payments infrastructure – New York’s State of Mind


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