Good morning, and happy Friday. There is no legislative or regulatory action slated for today, but the House and U.S. Senate will both hold procedural pro forma sessions. Here is what’s happening this morning:
A longtime member of the New York credit union movement, Connie Scherrer, passed away early Friday morning after a courageous battle with ALS – The Point
Recognition Round-Up: Clarence Community & Schools FCU recently received “Business Recognition for the Month” from the Clarence Chamber of Commerce – The Point
Attendees can learn how to embrace and harness new technologies at the Association’s Tech Forward conference, which will be held Oct. 12-13 at the Rivers Casino and Resort in Schenectady – NYCUA
Trade groups and attorneys are pushing the NCUA to move as quickly as possible to adopt many of the task force recommendations to loosen the regulatory burden of financial institutions – CU Times
Total retail sales rose 0.6% in July – turning in the biggest increase since December – CUToday
American households increased their borrowing over the past year at the fastest pace of the U.S. economic expansion, according to the Federal Reserve Bank of New York – Bloomberg
Efforts by the United States government to loosen regulations on banks are “dangerous and extremely short-sighted”, one of the U.S. central bank’s top policymakers said in an interview with the Financial Times – Reuters
Apple, Facebook, Google and other major technology companies asked the Supreme Court to rule that their users’ data should be protected from warrantless search and seizure by the government – The Hill
Wednesday’s announcement and request for comment marks the public unveiling of work done by an internal NCUA task force which has been meeting since March – New York’s State of Mind