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Tax policy leader says discussion draft to come next week

CUNA News Now Headlines 2/20/2014 - Provided as a courtesy and valuable service of the Credit Union National Association

Camp says tax discussion draft will be out next week

House Ways and Means Committee Chairman Dave Camp (R-Mich.), in a memo to Republican committee members, said he plans to release draft reforms to the U.S. tax code the week of Feb. 24 (Bloomberg BNA, Politico Feb. 19). More

CUNA urges Congress to change housing finance, data security laws

Congressional leadership is needed to ensure action is taken on housing finance reform and merchant data breaches, CUNA said in Wednesday letters to House and Senate leaders. More

CUNA, CBA Target breach numbers grab media's attention

Several media outlets cited the recent statistics announced by CUNA and the Consumer Bankers Association that the Target data security breach has topped $200 million for member credit unions and banks combined. More

Conn. league adds voice to 'patent troll' reform with Blumenthal letter

The Credit Union League of Connecticut has forwarded a letter to Sen. Richard Blumenthal (D-Conn.) calling for patent reforms due to the growing impact of abusive litigation. More

Key House CU supporters join still-growing GAC lineup

With the launch of its 2014 Governmental Affairs Conference just days away, CUNA continues to add new voices to an already exceptional list of scheduled speakers. Reps. Sander Levin (D-Mich.)--the ranking member of the tax-policy oversight House Ways and Means Committee, Bruce Braley (D-Iowa) and John Larson (D-Conn.) are now also signed up to speak next week. More

Change is coming, CFPB's Antonakes warns mortgage servicers

Quick action will be taken against mortgage servicers that fail to properly notify homeowners when their loans are sold to other parties, or otherwise fail to follow new servicing regulations, Consumer Financial Protection Bureau Deputy Director Steve Antonakes said Wednesday. More

Utah league launches 30-day voter registration campaign

On Wednesday, the Utah Credit Union Association set into motion a 30-day campaign to get citizens registered to vote by visiting credit union branches or a special website. More

CBSI: CUs need to be ready for $30T wealth transfer to Gens X, Y

Credit unions stand to lose significant business over the next decade unless they woo more younger members, speakers at a CUNA Brokerage Service Inc. (CBSI) conference said Monday. More

Mortgage demand slumps; housing has fits, not starts

The housing market is continuing to take a beating from winter weather, according to a pair of reports published Wednesday, and it appears to be dragging down the entire economy. More

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