Straight to The Point: July 31, 2017


Good morning, and happy Monday. With the House and Senate recessed for the month, and the NCUA board not meeting until late September, expect a few weeks of light news and intro paragraphs in this newsletter. Here are this morning’s headlines:

star3 New York Credit Union Association VP of Governmental Affairs Michael Lieberman recently traveled to Washington, D.C., to discuss credit union issues with federal lawmakers– The Point

star3 The U.S. Labor Department is seeking comments on potential changes to the Obama administration overtime rules – The Point

star3 Registration is now open for the 2017 Compliance & Legal Conference, which will be held Sept. 11-12 at the Turning Stone Resort & Casino in Verona – NYCUA

star3 ATMIA, a trade association for ATM owners, is pushing back against credit card companies’ “war on cash” – CU Times

star3 Nineteen percent of consumers have made a purchase using a voice-controlled device in the past 12 months, suggesting mobile and desktop devices are becoming less important for online commerce – CUToday

star3 The U.S. economy accelerated in the second quarter, but minimal wage gains cast a dark shadow over the growth outlook – Reuters

star3 The Treasury Department will wind down an Obama-era retirement savings program for low- and middle-income consumers – The Hill

star3 Investigators in the New York say they are starting to see gas pump skimmers that send stolen card data via text message – KrebsOnSecurity 

star3 Wells Fargo is in the news again, this time for charging customers for auto insurance they  did not need – New York’s State of Mind 

Leave a Reply