Senate Banking Committee

• House, Senate Banking Panels Took Divergent Paths

  By Claude R Marx  |  December 18, 2011

  The House Banking Committee focused on oversight and trying to undo or modify some of President Obama’s initiatives while the Senate Banking Committee focused on less sweeping efforts in 2011.

• Fenton: Keep 30-Year Mortgage an Option

  By Claude R. Marx  |  October 24, 2011

  Calling it a net plus for the consumers and the housing market, Affinity FCU President/CEO John Fenton urged lawmakers to ensure that any changes in the housing finance system don’t jeopardize the existence of the 30-year mortgage.

• 

  Cordray Vows To Help ‘Honest Businesses’

  By Claude R. Marx  |  September 14, 2011

  Substantive discussions of regulatory policy and partisan wrangling were both on the front burner at the Senate Banking Committee’s hearing last week on the nomination of Richard Cordray to run the Consumer Financial Protection Bureau.

• 

  CFPB Nominee Cordray Testifies: FIs That Follow the Rules Will Benefit

  By Claude R. Marx  |  September 6, 2011

  Nominee says CFPB regulations will be helpful to financial institutions and level the playing field.

• Partisan Sparring at Cordray CFPB Confirmation Hearing

  By Claude R. Marx  |  September 6, 2011

  Democratic chair accuses "vocal minority" of obstructionism; GOP leader says exercising "time-honored rights."

• Cordray to Take Conciliatory Approach at Confirmation Hearing

  By Claude R. Marx  |  September 6, 2011

  Senate Banking Committee hearing set this afternoon for Consumer Financial Protection Bureau nominee.

• Schaefer Supports Strong Consumer Protection, Caution in Dealing with CUs

  By Claude R. Marx  |  July 19, 2011

  Truliant FCU president/CEO testifies at Senate Banking Committee hearing on Consumer Financial Protection Bureau.

• Truliant’s Schaefer to Testify Before Congress on Consumer Protection

  By Claude R. Marx  |  July 18, 2011

  North Carolina CEO to speak at Tuesday hearing by the Senate Banking Committee.

• Government Mortgage Support Urged by CU Leaders

  By Claude R. Marx  |  July 3, 2011

  NAFCU and CUNA are urging lawmakers to ensure that there is some federal guarantee in the secondary mortgage market but differ on how to achieve it.

• CUNA and NAFCU Urge Federal Role in Secondary Market

  By Claude R. Marx  |  June 28, 2011

  NAFCU and CUNA are urging lawmakers to ensure that there is some federal guarantee of a secondary mortgage market but differ on means.