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CFPB officials say they are suspending the reorganization plan announced shortly before the election.
The NCUA estimates the agency will end this year having spent $18.3 million less than the board budgeted for the year.
In the past few days, the CFPB has hired a consultant to evaluate options for the payday loan disclosure.
Hood testifies the agency's SIF is healthy and that it will not be necessary to charge credit unions a premium now.
The spending bill contains no new funds for the program, which received $1.5 million during the current fiscal year.
Central Liquidity Facility changes enacted by Congress are set to expire at the end of the year.
The CECL standard could have a negative effect on CU lending, including loans to low-income borrowers.
CUNA predicts the Biden Administration won't transfer supervisory authority of large credit unions from the CFPB to the NCUA.
The ABA calls into question "credit unions that are committed to the development of low income and under-served communities."
Credit unions are advised to pay close attention to what the CFPB does as the current or new administration moves forward.