Straight to The Point: January 4


Good morning. In the state Senate, a joint committee hearing will be held on the state Department of Labor’s proposed rule on employee scheduling. The House is not in session today, but the U.S. Senate is. Here’s what’s happening in the world of credit union today:

star3 Andrew Cuomo outlined his wish list for the state budget during yesterday’s State of the State address – The Point

star3 Registration is now open for the National Credit Union Foundation’s Credit Union Development Education training – The Point

star3 Credit unions can help support the Children’s Miracle Network Hospitals by participating in the Credit Unions for Kids “Change a Child’s Life” coin drive – Credit Unions for Kids

star3 The retailer Forever 21 confirmed that customer payment card data was breached at an undisclosed number of its stores – CU Times

star3 Don’t be confused: The Consumer Financial Protection Bureau and the Bureau of Consumer Financial Protection are one and the same – CUToday

star3 The announcement that Sen. Orrin Hatch, R-Utah, will retire at the end of the year could have a ripple effect throughout the Senate, including on the leadership of the banking committee – CU Journal

star3 Rumors have been swirling that an Amazon Bank may be imminent – The Financial Brand

star3 Federal Reserve officials agreed that additional rate hikes are coming but disagreed about the frequency of such increases – New York Times

star3 A recent victory by the FDIC may actually make things more expensive and difficult for credit unions – New York’s State of Mind

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