Regulatory & Compliance

Sen. Bob Corker, a key Republican negotiator on regulatory restructuring, said he wants to be sure that the proposed entity to regulate consumer financial products will take a balanced approach.

Florida's chief financial officer, who is running in the August primary for governor, has given a boost to CUNA's congressional campaign on member business lending by writing a letter of support to NCUA Chairman Debbie Matz.

If the debate over what to do about Fannie Mae and Freddie Mac were a boxing match, last week's hearing before the House Financial Services Committee would have been the first round.

The deadline for having at least started the process for accessing money under the U.S. Treasury's Community Development Capital Initiative program is rapidly approaching.

The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.

ATLANTIC CITY, N.J. -- The NCUA is honing in on certain activities and figures for 2010, NCUA Associate Region II Director for Operations Herb Yolles told New Jersey credit unions last week.

Now the action goes back behind closed doors.

Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.