Economic and CU Monitor (Special Topic: CHOICE 2.0) - May 2017

This month's special topic: 

CHOICE 2.0

On May 4, 2017, the House Financial Services Committee voted to report the Financial CHOICE Act (H.R. 10). The bill contains a number of NAFCU-sought regulatory relief measures, including a provision for repeal of the Durbin interchange amendment to the Dodd-Frank Act.  Additionally, the committee-approved Financial CHOICE Act contains several other key NAFCU-backed measures, including provisions requiring regulatory agencies to improve their cost-benefit analyses and to better tailor their rules to the size of the institutions they regulate. H.R. 10 would also preserve the current three-member leadership structure of the NCUA Board and require greater transparency with respect to the agency's budget—measures that have been supported by NAFCU. 


NAFCU's Economic and CU Monitor is a NAFCU member-only monthly report of the latest macroeconomic and financial trends affecting today's credit unions, including trend data among NAFCU member credit unions.

 

 

 

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