Regulatory & Compliance

The Cornerstone Credit Union League and Consumer Data Industry Association file a lawsuit challenging the new rule in January.

AmCU says the House Ways & Means Committee will consider the bill in markup on Tuesday, revealing if the exemption is dropped to help pay for Trump tax cuts.

DCUC was quick to praise the move saying this will modernize the Bureau’s “regulatory posture”.

“There’s certainly more at stake than just my job and Todd’s job."

The confirmation aligns the NCUA with FDIC guidance.

Both sides have asked the judge to schedule oral arguments by the end of the month.