Regulatory & Compliance

In a letter to Harper late last week, CUNA President/CEO Jim Nussle asks the NCUA to take up a list of proposed rules.

"We are planning to rescind public statements conveying a relaxed approach to enforcement of the laws in our care."

Along with the praise comes the criticism of the NCUA and credit union industry at large.

Perlmutter has long pushed for legislation to give FIs regulatory safe harbor if they provide services to marijuana-related businesses.

President Joe Biden taps Harper to replace Rodney Hood, which raises questions about the agency's direction.

The two agencies agree to share their respective schedules of examinations at covered institutions.