The New York Credit Union Foundation has activated its Disaster Relief Grants for cooperativas, staff and volunteers in Puerto Rico affected by Hurricane Maria. To make a monetary contribution, visit the Foundation’s donation page.

Good morning. The House today is scheduled to vote on a bill aimed at restricting North Korea’s access to the financial system, and the Financial Services Committee will hold a hearing on government’s role in the insurance industry. On the Senate side, both the Finance Committee and banking committee will hold various confirmation hearings. In other news…

 The New York Credit Union Association submitted a letter to the state Department of Financial Services backing the department’s proposed plans to ease restrictions on school banking programs for state-chartered credit unions – The Point

 NCUA will host a webinar on credit union diversity Nov. 2 at 2 p.m. – The Point

 Registration is open for the 2018 CUNA Governmental Affairs Conference, which will be held Feb. 25 – March 1, in Washington, D.C. – NYCUA

 Lower-income households with a checking account are paying over three times as much in fees as individuals in other income brackets – CU Times

 Both financial institutions and fintechs appear to be satisfied for now with the CFPB’s nonbinding principles on data-sharing – CU Journal

 President Trump dismissed the possibility of limiting 401(k) retirement savings plans to help pay for Republicans’ sweeping tax proposal – Reuters

 The U.S. Treasury Department came out forcefully against the CFPB’s rule banning arbitration clauses – The Hill

 Attackers using Locky ransomware have the ability to infect PCs via malicious Microsoft Word documents by using an application-linking feature built into Windows – CUinfoSecurity

 NCUA could have been more expansive with two final rules improving the agency’s appeals process – New York’s State of Mind