In a message to the state’s credit unions, New York Credit Union Association board Chairwoman Marie Betti, CEO/treasurer of Western New York FCU, provided a recap of the board’s final meeting of 2018– The Point

 New York credit union advocates attending the 2019 CUNA Governmental Affairs Conference are strongly encouraged to submit their Hill Meeting Request forms to help Association staff secure meeting times with federal lawmakers – The Point

 The CFPB will issue a proposal to make it easier for financial services companies, including credit unions, to obtain a “No-Action” letter policy, which makes it clear that the agency will not take an enforcement or supervisory action against a company for specific products – CUToday

 The 2019 Lending School will explore strategies, marketing initiatives and lending programs that have been proven to increase quality loan opportunities, profitability and membership growth – The Point

 Americans support increased oversight of some of the nation’s largest banks but say the regulation of smaller financial institutions is about right – CU Times

 A key measure of U.S. inflation increased as expected in November on rising costs for housing, medical care and used cars, reinforcing expectations that the Federal Reserve will raise interest rates next week – Bloomberg

 President Trump nominated Mark Calabria, the current chief economist for Vice President Mike Pence, to lead the Federal Housing Finance Agency – HousingWire

 Chinese hackers were behind the Marriott security breach that left the personal information of up to 500 million hotel guests exposed – New York Times

 Institutions are circumventing New York’s usury laws by offering cash advance loans to small businesses with repayment predicated on the businesses’ expected cash flow, and that loophole is more widespread than previously realized – New York’s State of Mind