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WASHINGTON—NCUA Chairman Rodney Hood shared updates on several issues, including data privacy, regulatory relief, consumer protection, and fintech, at an event at the Exchequer Club. Separately, NCUA Board Member Todd Harper met with credit unions in the Carolinas.

WASHINGTON—Several lawmakers flagged the potential economic consequences of the current expected credit loss (CECL) standard and criticized the lack of understanding about its impact during a House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets hearing featuring Financial Accounting Standards Board (FASB) Chairman Russell Golden.

WASHINGTON–CUNA said it and the state league system will spend a record $7-million during the 2020 election cycle to support congressional candidates on both sides of the aisle.

ARLINGTON, Va.—Total retail sales rose 0.3% in December – the third consecutive month to see a rise.

NAPERVILLE, Ill.–Alloya Corporate FCU has renewed its partnership for 2020 with Suze Orman, America’s Personal Finance Expert. As part of the partnership, Alloya will be sponsoring Suze’s popular Women & Money podcast.

SANTA ROSA, Calif.–Redwood Credit Union is celebrating 70 years of service to members.