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WASHINGTON–The largest gathering of credit unions in the country will kick off this weekend when CUNA hosts its annual Governmental Affairs Conference (GAC). Approximately 5,000 people are expected for the meeting at the Washington Convention Center.

WASHINGTON—As the Supreme Court prepares to review the constitutionality of a provision of the Telephone Consumer Protection Act (TCPA) later this year, a new court ruling in Gadelhak v. AT&T Services, Inc. has held a system that does not store or produce numbers, using a random or sequential number generator, cannot be classified as an automatic telephone dialing system (ATDS, or "autodialer") under the TCPA.

WASHINGTON–The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has opened the fiscal year (FY) 2020 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

PURCHASE, N.Y.—After years of unsuccessful attempts to enter China’s massive $27 trillion payments market, Mastercard said it has won approval from the People’s Bank of China (PBOC) to begin formal preparation to set up a bank card clearing institution in China.

WASHINGTON—Members of the Federal Open Market Committee agreed that the labor market had remained strong since the last meeting with economic activity rising at a moderate rate, according to minutes from the committee's January meeting.