Straight to The Point: February 28

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Good morning. The state Senate and Assembly will be in session today. The House is not scheduled to be in session, but many lawmakers will be in Washington for committee hearings and other matters. The Senate will be in session, and the banking committee will hold a hearing to examine the Semiannual Monetary Policy Report to the Congress. Here’s what else is happening today:

star3 New York credit union advocates attending the CUNA Governmental Affairs Conference are taking their message to federal lawmakers, with a full day of credit union advocacy planned on Capitol Hill – The Point

star3 Credit union advocates are encouraged to build on the momentum of the CUNA GAC by attending the New York Credit Union Association’s 2018 State GAC – NYCUA

star3 Credit union leaders are encouraged to review the Association’s membership packets, which were mailed to member credit unions in December – The Point

star3 CUNA’s economists expect unemployment to remain low and inflation to remain tame, possibly leading to another year of double-digit loan growth for credit unions – CU Times

star3 Issuing updated marijuana banking guidance is “at the top of the list” for U.S. Secretary of the Treasury Steven Mnuchin – CUToday

star3 Ally, a digital-only bank with no physical branches, may offer insights into the future of cross-selling – American Banker

star3 Half of U.S. adults in a new survey said they have not looked at their credit report or credit score since a huge data breach last year at Equifax – CNBC

star3 Jerome Powell, the new chairman of the Federal Reserve, signaled that he will continue to bolster strong growth during testimony before Congress – New York Times

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