HFSC Markup, FMOC Policy Meeting this Week

The House Financial Services Committee begins a markup Wednesday morning featuring several bills to address homelessness problems, ensure underserved communities are reached, and hold big banks accountable.

The Federal Open Market Committee will begin its regular two-day policy-setting meeting tomorrow.

House and Senate conferees could soon be named to reconcile differences between the two chambers' versions of the 2020 National Defense Authorization Act. CUNA and the state leagues will continue working to remove a provision in the Senate’s version that would require the Department of Defense to treat big banks the same as credit unions when it comes to nominal leases on military bases, potentially disadvantaging credit unions.