Straight to The Point: March 13


Good morning. The Senate today will continue consideration of S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act. The House, Assembly and state Senate are also in session. Here’s what else is happening today:

star3 NCUA has released the agenda for the agency’s Thursday board meeting. Notably, the board will issue an Advanced Notice of Proposed Rulemaking on credit union bylaws and a request for comment on suspension and debarment procedures – The Point

star3 Registration is open for the 2018 State Governmental Affairs Conference, the premier event for state-level credit union advocacy – NYCUA

star3 Love My Credit Union Rewards, , a strategic partner of the Association, has released its March newsletter – Love My CU Rewards

star3 Consumers paid more money for longer periods at higher interest rates on cars they financed in 2017 than they did a year earlier – CU Times

star3 President Donald Trump’s eventual nominee to lead the CFPB will likely encounter heavy scrutiny from senators and, if confirmed, would take the helm of an agency still defined by turmoil nearly seven years after its creation – CU Journal

star3 Car lease credit applicants registered a 65.2 percent approval rate in February, a rise from the January rate of 57.8 percent – CUToday

star3 Artificial intelligence can be used to eliminate hundreds of thousands of false positives generated by financial institutions’ anti-money-laundering efforts, but there are regulatory and consumer-protection questions that come with the technology – American Banker

star3 The economy is sending mixed signals on wages. Figuring out what’s really happening is complicated by data that’s volatile, and may be getting worse – New York Times

star3 The blog looks at the circumstances when an unpaid intern must be properly classified as an employee under the Fair Labor Standards Act – New York’s State of Mind

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