NY Minute: Tuesday, May 12

NCUA letter to credit unions announces CLF agent memberships THE NEW YORK MINUTE

CFPB issues remittance transfer rule that allows for continuation of estimates of exchange rate, certain fees THE NEW YORK MINUTE

Fed’s Quarles tells Senate banking committee that financial strains have eased, but storm isn’t over THE NEW YORK MINUTE

Zoom agrees to new protections, safeguards in New York state THE NEW YORK MINUTE

Speaker Heastie warns state needs stimulus funds STATE OF POLITICS

Bipartisan lawmakers introduce bill to make changes to Paycheck Protection Program THE HILL

Fed could spend next decade trying to rebuild economy POLITICO

Once taboo, investors begin to imagine negative U.S. rates REUTERS

NYC taxi rescue plan calls for revaluing all medallions at $250,000 NEW YORK POST

Four things you need to know to start your credit union day NEW YORK’S STATE OF MIND