Senate bill would end subsidies for the biggest banks and abandon Basel III for the smaller ones. Credit unions? Not mentioned.
Three credit union witnesses testified April 10 in a House Financial Services Committee Financial Institutions Subcommittee hearing that rules and regulations mandated by the Dodd-Frank Act are interfering with credit unions’ ability to serve their members.
Miller made the announcement during his opening remarks for a hearing on credit union regulatory burden.
CUNA, NAFCU line up credit union CEOs for April 10 session with House Financial Services Committee.
Industry trade associations shrugged off the exclusion. CUNA lobbyist says "those amendments never go anywhere."
Wednesday’s House Financial Services Committee to be followed by hearing to be set on credit union regulatory burden.
Quantivate Vendor Management offers business continuity, risk management, information security, vendor and audit management services.
Solution tracks NCUA regulations and delivers changes credit unions need to make; targeted to smaller credit unions.
CUNA expands regulatory Advocacy Report distribution while NAFCU reports sharp uptick in compliance help requests.
Their stories of red tape run the gamut from confusion to utter frustration and anger. Even though a check for the government wasn’t due until the end of October, a business owner sent it end on Oct. 12. However, the government waited until Nov. 11 to cash the check...