Straight to The Point: September 21, 2017

Good morning. Both the House and the Senate will hold pro forma sessions today, with no votes scheduled. Both chambers will return to order on Monday, and a major battle over health care legislation is expected. Here is what’s happening on this Thursday morning:

 The Association will host a complimentary webinar Oct. 5 at 11 a.m. to assist member credit unions with undertaking fiduciary responsibilities with respect to stable value investment options – NYCUA

 The CFPB yesterday modified Equal Credit Opportunity Act regulations to provide additional flexibility for mortgage lenders in the collection of consumer ethnicity and race information – CFPB

 Registration is open for the 2017 Marketing Conference, which will be held Nov. 2-3 in Saratoga Springs – NYCUA

 The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year – Reuters

 Sean Duffy, R-Wisconsin and member of the House Financial Services Committee, says NCUA has not made a good case for its proposed plan to raise the normal operating level – CU Times

 There are some indications that a new golden age for U.S. workers is right around the corner – New York Times

 Credit unions can thwart rob­bery attempts by showing signs of being prepared – CUNA

 Republican members of the House have accused CFPB Director Richard Cordray of misleading Congress about the agency’s investigation into Wells Fargo’s illegal sales practices – CU Journal 

 Credit freezes could negatively impact credit unions through a dip in consumer loan approvals – New York’s State of Mind