Written by Steve Van Beek
Yesterday, the Joint Select Committee on Deficit Reduction issued a statement on their inability to reach an agreement by their deadline. Here is part of the statement:
"After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline.
Despite our inability to bridge the committee's significant differences, we end this process united in our belief that the nation's fiscal crisis must be addressed and that we cannot leave it for the next generation to solve. We remain hopeful that Congress can build on this committee’s work and can find a way to tackle this issue in a way that works for the American people and our economy."
There is additional information in the NAFCU Today.
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Shameless Plug. NAFCU is offering an Unlimited Webcast Subscription for 2012. The subscription gives your entire credit union access to all of NAFCU's webcasts in 2012 - including our compliance webcasts. Each webcast will be archived for one-year to allow you and your colleagues the ability to fit training into your busy schedules.
So far, we have over 20 webcasts planned for 2012 (we will have conducted 24 in 2011) with the majority being compliance-related webcasts to help you keep up with the pace of regulatory changes. We will continue to add topics and webcasts as new issues arise.
As usual, each compliance-related webcast will offer 1.5 continuing education credits for those looking to recertify as NAFCU Certified Compliance Officers (NCCOs).
There is a Frequently Asked Questions document here. If you have any additional questions, please do not hesitate to shoot us an email or give us a call.
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