Regulatory & Compliance

The two board members also agree that cybersecurity is likely the most serious threat facing credit unions.

Proposals in the administration's FY20 budget have little or no chance of being enacted, however.

"The credit union model is under attack," CUNA's president/CEO warns.

The new bill would provide safe harbor for credit unions and FIs to do business with the cannabis industry.

CUs anticipate regulatory moves by new CFPB Director Kraninger, and likely new NCUA Board Members Hood and Harper.

Kraninger testifies on Thursday that no one in the Trump Administration, including Mulvaney, is influencing her decisions.