Good morning. Both the House and Senate are in session today. The Senate banking committee is scheduled to consider Jerome Powell’s nomination as chairman of the Federal Reserve. In other news:
Individuals can now download and view the 2017 Credit Union Impact Report—formerly known as the MORE Report—sample survey. The mock survey is intended to serve as a guide and planning tool. The live survey will be available Dec. 4, 2017 – Jan 12, 2018 – NYCUA
Young credit union professionals from throughout Western New York earlier this month attended the Young Professionals Commission’s Fall Educational Summit – The Point
The National Credit Union Foundation has released its 2018 lineup for the renowned Development Educator trainings – National Foundation
In an apparent first, members of a Tennessee-based credit union will be able to move money between accounts, make loan payments and access balances and account histories using voice commands on the Amazon Alexa system – CU Times
The CFPB has published in the Federal Register its action to kill the bureau’s final rule that would have banned mandatory arbitration clauses – CUToday
The number of credit unions offering Black Friday loan promotions appears to be on the decline, though plenty still look for ways to market around the holiday – CU Journal
Demand for cybersecurity talent is far outstripping the supply, though estimates of the size of the divide vary – American Banker
Former Rep. Barney Frank, who co-authored the Dodd-Frank Act that established the CFPB, said that Deputy Director Leandra English should “clearly” be the one running the bureau – The Hill
The New York’s State of Mind blog examines the legal issues and constitutionality of the leadership fight at the CFPB – New York’s State of Mind