Straight to The Point: December 19

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Good morning. The U.S. House is expected to vote on the Tax Cuts and Jobs Act conference report today. In the Senate, the banking committee will meet in executive session to vote on a number of Export-Import Bank nominations. Here’s what’s happening this morning:

star3 The Young Professionals Commission has raised its participation age limit – The Point

star3 Registration is open for the Association’s January webinars. Like last year, the Association will be providing each member credit union with complimentary access to two webinars as a benefit of membership – NYCUA

star3 New York credit union leaders can register for the Pennsylvania Credit Union Association’s 2018 CEO Summit, scheduled for Jan. 14-17 in Key West, Florida – NYCUA

star3 The Financial Stability Oversight Council is calling on Congress to give NCUA examination and enforcement powers over third-party service providers – CU Times

star3 A bill introduced in the U.S. House last week would allow credit unions, regardless of their charter type, to include underserved areas in their field of membership – PYMNTS

star3 Rep. Tom Emmer, R-Minnesota, introduced a bill that would delay the expanded data collection and reporting requirements under the Home Mortgage Disclosure Act – CUNA

star3 The bank lobby failed to convince Congress to change the credit union tax exemption, but they’re still bashing credit unions in the press – CUToday

star3 Mortgage lenders are bracing for big delays in the processing of mortgage applications, citing a problem at the Internal Revenue Service – CU Journal

star3 A bankruptcy court in New York provided some clarifications on how credit unions can deal with bankrupt members who have caused the institution a loss – New York’s State of Mind

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