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RANCHO MIRAGE, Calif.— As America’s Credit Unions, the American Association of Credit Union Leagues (AACUL) and league leaders wrapped three days of concentrated strategy at the AACUL Winter Conference, one message rose above all according to the Illinois Credit Union League: CUs’  strength is—and continues to be—the trust built between leagues and ACU.

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WASHINGTON— Credit union trade groups are concerned of heightened risk for the industry after the final conference text of the National Defense Authorization Act (NDAA) dropped two top credit union priorities—the Central Liquidity Facility (CLF) modernization and Community Development Financial Institutions (CDFI) provisions—while Congress also races against the clock to avoid another government shutdown early next year.

WASHINGTON— The Supreme Court on Monday appeared poised to further expand presidential authority over independent agencies during oral arguments in Trump v. Slaughter, a case with sweeping implications across the regulatory landscape, including for former NCUA Board Members Todd Harper and Tanya Otsuka’s lawsuit challenging their removal by the Trump Administration last year.