Ryan provided a quick overview of the issue, as well as what it means for regulations toward credit unions in the future. We also discussed what this passing means for CFPB's powers toward credit unions, and how this bill will affect credit unions moving forward. We even played a little devil's advocate, asking him what would've happened if it didn't pass.
Lastly, Ryan addressed a couple other items in the bill and what they mean to credit unions:
Community financial institution mortgage relief
CDFI cut by $58 million
Check it out and let us know your thoughts.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.