This week: House is home, Senate in D.C.

The Senate is in session in Washington, D.C., but the House called an unplanned recess following the H.R. 1 vote and remains in-district this week.

America’s Credit Unions will engage senators to ensure the credit union perspective is considered in their discussions. A hearing of interest for credit unions is on the docket Wednesday, as the Senate Banking Committee reviews digital asset markets.

With House members back in district, there are opportunities to thank lawmakers for their support in securing the credit union tax status. The unexpected House recess also means a series of hearings to discuss the 15-year anniversary of the Dodd-Frank Act are delayed. America’s Credit Unions will provide input on this topic with the House Financial Services Committee when they are rescheduled.

The latest Economic Update is available online and addresses student loan collections and the potential impact on credit unions. Credit unions can also access various resources and handouts on the America’s Credit Unions website for timely data on topics of interest for the industry.