WASHINGTON — The possible passage of a credit union regulatory relief bill of some sort prompted deep and thorough discussion of the need for that relief, as of press time, at a March 6 hearing before the House Financial Services Committee.
Credit union witnesses entertained not only softer questions but hardball inquiries as well.
Congressman Barney Frank (D-Mass.), Chairman of the House Financial Services Committee, kicked off the hearing by hoping that the lawmakers would not be merely talking about these needs but legislating to meet them.
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