Straight to The Point: January 11


Good morning. Both the House and Senate are in session today. At the state level, an Assembly joint-committee hearing will be held to examine the potential impacts of the legalization and regulation of marijuana. Here’s what’s happening on this Thursday morning:

star3 Assembly Banks Committee Chairman Kenneth Zebrowski, D-Westchester-Rockland, introduced a bill that would permit credit unions to participate in the state Banking Development District Program – The Point

star3 Reminder: The New York Credit Union Association is hosting a conference call at 11 a.m. today to offer guidance and explore possible legal strategies for tackling website compliance, particularly as it relates to the Americans with Disabilities Act – NYCUA

star3 The Association will again host a “Let’s Connect New York” reception for attendees of the 2018 CUNA Governmental Affairs Conference – The Point

star3 A federal judge ruled that Office of Management and Budget Director Mick Mulvaney can remain acting director of the CFPB – CU Times

star3 New data show that nationally 5.1 percent of mortgages were in some stage of delinquency last October, representing a slight year-over-year decline – CUToday

star3 U.S. Sens. Elizabeth Warren, D-Massachusetts, and Mark Warner, D-Virginia, introduced a bill aimed at penalizing credit reporting agencies for breaches – The Hill

star3 Microsoft released 14 security updates, including fixes for the Spectre and Meltdown flaws, as well as a zero-day vulnerability in Microsoft Office – KrebsonSecurity

star3 Reps. Nita Lowey, D-17, and Peter King, R-2, have introduced a bipartisan bill to fully restore the deductibility of state and local taxes on federal tax filings – Newsday

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