Credit unions get a second chance to fight new rules before they take effect

The US credit union regulator is reopening public comment periods for two new rules that have not yet fully taken effect. This means credit unions can now argue against changes to how they manage share insurance and succession planning.

New rules usually go through a comment period, get finalized, and then take effect. Once they are final, they are very hard to change. This action gives credit unions a rare second chance to influence rules that are already on the books but not yet fully implemented. It suggests the new administration is willing to pause or even reverse regulatory changes from the previous one.