President Donald Trump nominated Rodney Hood for a seat on the NCUA board. Hood, a Republican, is a former member and vice chairman of the board, who now serves as a corporate responsibility manager for JPMorgan Chase – The Point
The Massachusetts Share Insurance Corporation, in partnership with the New York Credit Union Association, released the 2018 first quarter Custom Performance Report – The Point
Reminder: NCUA’s Community Development Financial Institutions Streamlined Application period closes this Friday– NCUA
A congressional committee has voted to reject a measure to protect financial institutions that open accounts for marijuana businesses from being punished by federal financial regulators –CUToday
A study ordered by Gov. Andrew Cuomo recommends legalizing marijuana for adult use in New York – Democrat & Chronicle
The legislative session is scheduled to end Wednesday, so the state Legislature needs to act fast if it wants to pass big-ticket items – Times Union
Even before she is nominated, critics are knocking Trump’s choice of Kathy Kraninger as CFPB director, contending that her lack of experience in consumer finance makes her a poor choice for the position – CU Times
There is more good news on the ADA litigation front, after another court ruled that an individual lacked the standing to sue over a credit union’s alleged website accessibility issues – New York’s State of Mind
