Straight to The Point:

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Good morning. The full House today is expected to continue its consideration of H.R. 1, Tax Cuts and Jobs Act. The New York Credit Union Association is working closely with CUNA to monitor the process. The Senate Finance Committee will continue the process in their chamber as well. Here’s what’s happening in the world of credit unions today:

star3 CFPB Director Richard Cordray told employees at the bureau that he plans to step down from his post at the end of the month, multiple news outlets reported – The Point

star3 The Catskill-Hudson Chapter welcomed Hudson Valley FCU’s VP of Marketing David Dirks as the chapter’s new president during an event in Newburgh on Tuesday. Col. Denise Donnell, commander of the 105th Airlift Wing at Stewart Air National Guard Base, served as the event’s guest speaker – The Point

star3 The New York Credit Union Association has 13 Chapters statewide, each of which play an important role in promoting cooperation among credit unions at the local level. A number of chapter events are slated for the weeks ahead – The Point

star3 Credit union trade groups are continuing to press the Department of Justice to provide guidance on the issues caused by the Americans for Disabilities Act – CU Times

star3 A new report found that PayPal is the most trusted financial services brand, and that major credit card brands are now scoring higher trustworthy marks than banks – CUToday

star3 An unexpected increase in retail sales last month will likely keep the Federal Reserve on course to raise interest rates next month – Reuters

star3 The House passed a bill to renew and overhaul the National Flood Insurance Program after months of negotiations between fiscal conservatives and lawmakers – The Hill

star3 In the United States, individuals are more fearful of being hacked in cyberspace than being victims of other crimes, such as having a car broken into – PYMNTS

star3 The agreement on regulatory reforms that a bipartisan group of senators announced this week contains several important pro-credit union provisions – New York’s State of Mind

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