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Prepare for the 2023 GAC: Briefing this Monday, Agenda, & More

A powerful slate of congressional and regulatory briefings and face-to-face meetings await California and Nevada credit union leaders and professionals who are attending the 2023 Governmental Affairs Conference (GAC) in Washington, D.C. later this month.

The California and Nevada Credit Union Leagues’ online/virtual legislative briefing is this Monday, Feb. 13 (at 11 a.m. Pacific), where those attending will receive pertinent GAC information about the current congressional environment, how to prepare for this year’s legislative and regulatory visits, issues and priorities, talking points, and specific topics at the forefront of the credit union industry. Attendees from both states will receive a Zoom-meeting invitation by email very soon.

A few of those hot topics with members of Congress and regulatory officials include “junk fees” in the financial services arena, the Consumer Financial Protection Bureau’s (CFPB) proposed rule on credit card late fees, and the National Credit Union Administration’s (NCUA) changes to the Home Mortgage Disclosure Act’s (HMDA) closed-end loan reporting threshold.

There are MANY other credit union issues and talking points being prepared for your in-person visits with lawmakers and regulators — so stay tuned! More details are forthcoming soon (including your legislator visiting schedule) as the Leagues finalize materials on its League GAC Resource Site.

For now, here is your agenda:

  • Virtual Briefing: Monday, Feb. 13 at 11 a.m. (Pacific) via Zoom — Please save the date for our legislative briefing on Feb. 13 at 11 a.m. (Pacific). You will receive a Zoom/online meeting invitation, and eventually you will also receive our legislative and regulatory background information in the coming days.
  • In-Person Briefing: Monday, Feb. 27 at 3 p.m. (Eastern); Room 140 A and B at the Washington Convention Center — Please mark your calendars for our in-person briefing, where we will discuss updates and the logistics for the remainder of the conference.
  • In-Person Regulatory Meetings: Tuesday, Feb. 28; Room 140 A and B at the Washington Convention Center — 10 a.m. with National Credit Union Administration (NCUA) Chair Todd Harper; and 11 a.m. with senior officials from the Consumer Financial Protection Bureau (CFPB).
  • Political Fundraiser: Wednesday, March 1 — A fundraising event has been scheduled for Rep. Young Kim (R-CA). Please email Angelica Pappalardo with any questions.
  • Congressional Meetings: Wednesday, March 1 (all day) — Appointment scheduling with your members of Congress is ongoing. We want to thank you for your patience. As appointments are scheduled, you will receive appointment requests/calendar alerts via email from Desiree de Necochea in the Leagues’ advocacy office. We will also post a link of the schedule on the League GAC Resource Site (more details to follow). If you wish to speak with a specific congressional representative outside of your coverage area, please email Lisa Quaranta.
  • Important note: You may have already heard that the Democratic Party of the House of Representatives will be holding a retreat on March 1 – March 3. While these congressional members may be attending the retreat, our sources have told us that the members’ staff/offices will still be on hand to meet with GAC attendees. We will have further information as we continue to work on scheduling.
  • Closing Reception: Wednesday, March 1 from 5 – 7 p.m. (Eastern); Credit Union House (403 C St., NE, Washington, D.C. 20002) — The Leagues will be hosting a closing reception at Credit Union House following the in-person legislative visits and other activities from the day.

More than 270 individuals are registered to attend! If you or your team have any additional questions, please email Lisa Quaranta in the Leagues’ advocacy office.

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