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DCUC Issues Update on Congressional Action Around Crypto and Digital Assets Legislation 

Today, the Defense Credit Union Council (DCUC) provided an urgent update to its Military Advocacy Committee (MAC) following major legislative developments in the U.S. House of Representatives regarding digital assets, financial policy, and defense authorization. The House has debated and passed two significant crypto-related bills — the CLARITY Act and the GENIUS Act — setting […]

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DCUC Sends Letters to Capitol Hill and NCUA; Commends Passage of VA Home Loan Program Reform Act and Supports Congressional Action to Strengthen U.S. Digital Economy

The Defense Credit Union Council (DCUC) recently sent multiple letters to congressional subcommittees, addressing issues related to artificial intelligence (AI) fraud, rural lending access, and digital asset regulation.  Combatting AI-Enabled Financial Fraud In a letter to the House Judiciary Subcommittee on Crime and Federal Government Surveillance, DCUC noted the rising threat of AI-driven scams and

DCUC Sends Letters to Capitol Hill and NCUA; Commends Passage of VA Home Loan Program Reform Act and Supports Congressional Action to Strengthen U.S. Digital Economy Read More »

SCOTUS Ruling on Education Department RIF Signals Trouble Ahead for CFPB – And Potentially the NCUA

By Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. The Supreme Court issued yet another significant order on July 14, giving the president wide latitude to reduce and reorganize executive branch agencies. Specifically, the court’s order in McMahon v. New York allows the U.S. Department of Education to proceed with a proposed

SCOTUS Ruling on Education Department RIF Signals Trouble Ahead for CFPB – And Potentially the NCUA Read More »

group photo of: Karen Rosales, President and CEO, Arlington Community Federal Credit Union Jim Wilmot, Chief Lending Officer, Arlington Community Federal Credit Union Libby Snipe, VP of Communications and Community Impact, Arlington Community Federal Credit Union Andy Grimm, President and CEO, Apple Federal Credit Union Ed Hollingsworth, SVP of Risk, Audit, and Compliance, Northwest Federal Credit Union Stephanie Sykes, Navy Federal Credit Union Mike Falvey, President and CEO, Loudoun Federal Credit Union Cindy Mester, Board Chair, Loudoun Federal Credit Union Amber Mooney, VP of Operations, GoEnergy Federal Credit Union Trey Hawkins, Head of Political Affairs, America’s Credit Unions Ophelie Maurice, Political Director, America’s Credit Unions JT Blau, General Counsel, The League Ryan Marks, Advocacy Intern, The League

U.S. Rep Don Beyers hosts credit union leadership, America’s Credit Unions

Yesterday (July 14), Arlington Community Credit Union hosted a roundtable where Congressman Don Beyers outlined his legislative priorities for the remainder of the year and what he hopes Congress will work on moving forward. Beyers focused the roundtable on improving mental health, the future of AI and his general optimism for the future. America’s Credit

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NCUA Issues Notice of Voluntary EGRPRA Review

The National Credit Union Administration (NCUA) today announced the next step in its plans to voluntarily review agency regulations to identify rules that are outdated, unnecessary, and unduly burdensome to federally insured credit unions. This effort aligns with the federal government’s commitment to efficiency and the NCUA’s continued efforts to reduce regulatory burden on credit

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Photo of Henry Meier, Esq.

Executive Orders Are Shaping the Rules: What That Means for Credit Unions

By Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. When it comes to federal policy shifts, most of us in the credit union industry are accustomed to the slow, winding process of legislation or the formal regulatory rulemaking process. You know the drill: proposals, comment periods, revisions and then finally, rules. That

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Aerial view of Capitol Building, Washington, D.C.

DCUC Urges Congress to Restore CDFI Fund Funding and Ensure Smart Regulation of Digital Assets

The Defense Credit Union Council (DCUC) sent a series of letters to key Senate committees ahead of pivotal hearings on national defense funding and digital asset regulation. DCUC’s letters urged Congress to take action on two critical issues affecting military families and underserved communities: preserving funding for the Community Development Financial Institutions (CDFI) Fund and

DCUC Urges Congress to Restore CDFI Fund Funding and Ensure Smart Regulation of Digital Assets Read More »

Adult hand holding baby's hand

DCUC to Treasury: Include Credit Unions in ‘Trump Accounts’ Rollout for Newborns

Today, the Defense Credit Union Council (DCUC) has sent a letter to Treasury Secretary Bessent offering support and assistance in implementing the Creating Hope and Opportunity for Our Babies and Toddlers (CHOBAT) Act—a key provision of H.R. 1, the One Big Beautiful Bill. This landmark initiative, often referred to as the “Trump Accounts” or baby

DCUC to Treasury: Include Credit Unions in ‘Trump Accounts’ Rollout for Newborns Read More »

American flag patch on military uniform

DCUC Leads Credit Union Advocacy on Military Financial Readiness in FY2025 NDAA

The Defense Credit Union Council (DCUC) has sent a letter to the Senate Armed Services Subcommittee on Personnel outlining our top legislative priorities for inclusion in the Fiscal Year 2025 National Defense Authorization Act (NDAA). These priorities reflect over sixty years of DCUC’s expertise in representing and championing its member credit unions’ service to more

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