Straight to The Point: November 7, 2017

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Good morning. Both the House and Senate are in Session today. The House Financial Services Committee will hold two subcommittee hearings today—one that focuses on housing finance reform, and another that will examine Federal Reserve reform proposals. Here is what’s happening this morning:

star3 The New York Credit Union Association is conducting an online survey to gather credit union feedback on a number of NCUA’s proposed regulatory reforms – The Point

star3 Credit unions are encouraged to participate in the Credit Unions for Kids Winter Icon campaign to raise funds for the Children’s Miracle Network Hospitals that serve New Yorkers – The Point

star3 CU Direct, an Association strategic partner, is hosting a complimentary “Lunch & Learn” event Nov. 21 at Association headquarters in Albany. The event will provide updates on the auto industry and auto lending trends – NYCUA

star3 The number of lawsuits filed against credit unions over the accessibility of their websites has doubled in the last four weeks – CU Times

star3 After three years of slow growth, Apple Pay is beginning to turn the corner, now accounting for 90 percent of all mobile transactions – CUToday

star3 The U.S. Office of the Special Counsel has ruled that Richard Cordray did not violate federal ethics rules after he reportedly discussed a gubernatorial run in Ohio – The Hill

star3 When New Yorkers head to the polls today, they’ll have a chance to vote on three ballot measures, including whether or not the state should hold a constitutional convention – Times Union

star3 Federal Reserve Bank of New York President William Dudley, an influential voice on the Fed’s policy-setting board, will retire next year – Reuters

star3 The industry is in danger of shifting from neglectful indifference to an unproductive frenzy when it comes to reacting to American with Disabilities Act and Telephone Consumer Protection Act litigation – New York’s State of Mind


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