TORONTO–A new analysis of consumer spending reveals the most popular “panic purchases” made by consumers during the pandemic.
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WASHINGTON – As credit unions and CUSOs continue to turn to artificial intelligence (AI) to improve numerous solutions, the Commerce Department announced it has established a high-level committee to advise the President and other federal agencies on a range of issues related to AI.
ARLINGTON, Va.—Removing the tax exemption of credit unions would reduce tax revenue by $56 billion and reduce economic activity by $120 billion over the next decade, while eliminating nearly 80,000 jobs per year that span, according to an independent study commissioned by NAFCU.
WASHINGTON–Sen. Sherrod Brown (D-OH) told NAFCU’s Congressional Caucus he and the Senate committee he chairs share many of the same goals when it comes to boosting Americans’ incomes and opportunities to build wealth, even as many Americans fear they will never have the opportunity to do either.
WASHINGTON–During remarks to NAFCU’s Congressional Caucus, Rep. Tom Emmer (R-MN) blasted Democrats for spending trillions of dollars on “so-called” COVID recovery measures, called for support for a credit union-related bill he is co-sponsoring, and urged more support for Republican candidates in the mid-term elections.
WASHINGTON–NCUA Chairman Todd Harper told NAFCU’s Congressional Caucus credit unions must play a role in helping Americans suffering as a result of the COVID-19 pandemic, while again calling for third-party oversight authority and requesting input on how the agency can best oversee emerging technologies.
MADISON, Wis.– CUNA Mutual Group said it is making an additional $1 million donation to Credit Union Awareness, the organization overseeing CUNA’s “Open Your Eyes to a Credit Union” initiative.
WASHINGTON–The Credit Union Cherry Blossom Run held over the weekend raised $180,059 for Children’s Miracle Network hospitals.
MADISON–The CUNA Marketing and Business Development Council has announced a change in dates for entering submissions into its annual Diamond Awards competition.
DUBLIN, Ireland–Former CUNA president and CUNA Mutual executive Ralph Swoboda has died.