Good morning. There is no legislative action scheduled for Congress or the Legislature today. Here’s what’s happening in the world of credit unions:
The CFPB is seeking feedback on the bureau’s external engagements – The Point
The World Council of Credit Unions is seeking nominations for the World Council Young Credit Union Professionals scholarship program, an international networking and educational opportunity for emerging credit union leaders – WOCCU
The Association will again offer the 2018 Lending School at two locations—one in Albany, the other in Buffalo–this year. Registration is now open – The Point
The nation’s bankers are urging Sen. Orrin Hatch, chairman of the Finance Committee, to aggressively push legislation to require the nation’s largest credit unions to pay taxes – CU Times
Christine Lagarde, head of the International Monetary Fund, said international regulatory action on cryptocurrencies is inevitable – CUToday
Andrew Cuomo officially threw his support behind the Democrat running in a key special election contest that could determine control of the state Senate – Daily News
A strengthening economy is giving the Federal Reserve confidence that interest rates can rise, according to minutes of the most recent policymaking meeting – New York Times
By many measures, the economy looks strong, but the bulk of consumer spending is being done on credit as household debt is skyrocketing – PYMNTS
The Pew Research Centers is proposing a “third way” that recognizes the utility of pay day loans while ensuring they don’t become debt traps – New York’s State of Mind