Straight to The Point: August 15, 2017


Good morning. The House and U.S. Senate will both hold procedural pro forma sessions today with nothing of note on the agenda. Here is what’s happening on this Tuesday morning:

star3 Staff from the New York Credit Union Association held a conference call yesterday with NCUA Executive Director Mark Treichel​ to discuss the agency’s plans to close its Region 1 offices and consolidate other operations – The Point

star3 Reminder: Enrollment is open through Aug. 31 for the statewide prize-linked saving program, Lucky Savers – The Point

star3 There is still time to register for the 2017 Compliance & Legal Conference, which will be held Sept. 11-12 at the Turning Stone Resort Casino in Verona – NYCUA

star3 The number of ATMs in the U.S. has grown to between 475,000 and 500,000, according to new data out this week from the ATM Industry Association – CU Times

star3 A new report suggests that low-down-payment programs created by Fannie Mae and Freddie Mac are causing problems in FHA lending – CUToday

star3 The White House and Republican congressional leaders are planning to release a tax reform framework document in September – The Hill

star3 Apple’s upcoming iOS update poses some unique challenges for financial institutions and their mobile banking apps – American Banker

star3 Wells Fargo’s latest scandal is providing consumer groups new ammunition as they try to save the CFPB’s rule banning arbitration clauses – Bloomberg

star3 NCUA should follow the Federal Reserve’s lead and provide greater clarity to boards of directors on the appropriate division of responsibilities between board members and senior management – New York’s State of Mind

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