CUNA and NAFCU back legislation that would require the CFPB to create a Small Business Advisory Board.
The newly-introduced bill would require the NCUA to seek public input on its budget.
Trades say the bill lacks a provision for retailer financial liability.
House Financial Services Committee gives the green light on a group of bills.
Credit union regulatory relief bills scheduled for markup, including one that simplifies privacy notification requirements.
Bill aims to improve the examination process for financial institutions.
The House of Representatives pass CU-supported bills, but Senate leaves Washington without voting on them.
CU Share Insurance Fund Parity Act would direct NCUA to extend insurance to owners of funds held in trust accounts.
Credit unions have worked very hard over the past few years and have seemingly come through the worst economic times since the Great Depression. We as an industry are still able to say that we did not need the government to bail us out, and that credit unions are still...
The disagreement between financial institutions and regulators over changes in the exam process may not be resolved on Capitol Hill any time soon.