More than 89 credit union representatives turned out here for the Georgia-South Carolina Management and Volunteers' Institutes. The respective state leagues began hosting the conferences, which are held simultaneously, last year. Among those addressing the meeting were Steve Abercrombie, president of Business Resources Services in Seattle, and Ed Callahan, former NCUA board chair and CEO of Patelco CU in San Francisco. A panel on taxation featured Scott Earl, president of the Utah League of Credit Unions, Patrick Jury, VP of the Iowa Credit Union League, and Pamela Leavitt, VP Governmental Affairs/Public Relations for the Credit Union Association of Oregon. The panelists were introduced by Gary Kohn, VP Legislative Affairs and Senior Legislative Counsel for CUNA. Kohn also spoke to attendees on the taxation issue and of CUNA's involvement.
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Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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