Congress Faces Shutdown Threats While Credit Unions Gain Policy Wins

Annmarie Conboy-DePasquale from Brownstein Hyatt Farber Schreck breaks down crucial policy issues facing credit unions today, from the looming government funding deadline to major legislative wins. We examine the state of play in Washington and highlight recent victories that will impact how credit unions serve their members.Here's what you need to know:Government funding expires September 30th, but a continuing resolution is likely to extend it until mid-November. Without an agreement, a shutdown could occur, with impacts increasing the longer it lasts. The thin margins in both the House and the Senate make bipartisan cooperation essential but challenging.Trigger leads legislation was signed into law on September 5th and will take effect on March 5th, 2026The Unified Agenda reveals upcoming regulatory actions from CFPB and NCUA. The CFPB plans to revise UDAAP interpretation and issue advanced notices on loan originator compensation.The Road to Housing Act was passed unanimously out of the Senate Banking Committee with 28 provisions.• The Housing Act includes measures on housing supply, manufactured housing, appraisal process reform, and small-dollar origination. The bill may be attached to the National Defense Authorization Act to improve passage chancesDon't miss this and more on this edition of the ONpoint Podcast, the Policy Series. Tune in now!Sponsored by Loan Vision