Straight to The Point: December 7, 2018


star3 The Senate voted to confirm Kathy Kraninger as the next Director of the CFPB. Kraninger replaces Acting Director Mick Mulvaney, and will serve a five-year term as director – The Point

star3 Brendan Wilbur, community programs manager of Alternatives FCU, recently earned the Credit Union Development Educator designation from the National Credit Union Foundation – The Point

star3 Sperry FCU in Garden City Park, recently held its first “Cutest Pet Contest,” and made generous donations to the Long Island Cares Baxter Pet Pantry – The Point

star3 The National Renewable Energy Laboratory along with the Solar Energy Industries Association, will be hosting a workshop on Wednesday, Dec. 12 in Brooklyn, that will focus on solar lending by community and regional financial institutions – The Point

star3 NCUA has released its agenda for the agency’s upcoming board meeting. The meeting is scheduled for Thursday, Dec. 13, at 10 a.m. – The Point

star3 Shoppers continued to make more of their holiday purchases online this year, and new data shows that they are spending more on experiencesCU Times

star3 U.S. jobs and wages rose by less than forecast in November while the unemployment rate held at the lowest in almost five decades, indicating some moderation in a still-healthy labor marketBloomberg

star3 The CFPB got an earful on the use of artificial intelligence from members of three advisory boards who said traditional financial institutions are at a competitive disadvantage against nonbank fintech firms CU Journal

star3 A special panel created by the governor and Legislature voted to increase the base pay for state legislators by more than 60 percent, raising it to $130,000 by 2021Times Union






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