WASHINGTON — The Republican from Texas also earned praise from Sen. Elizabeth Warren (D-Mass.).
NCUA board hopeful will share the confirmation panel with three Federal Reserve Board nominees.
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.
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.
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.
Nominee says CFPB regulations will be helpful to financial institutions and level the playing field.
Democratic chair accuses "vocal minority" of obstructionism; GOP leader says exercising "time-honored rights."
Senate Banking Committee hearing set this afternoon for Consumer Financial Protection Bureau nominee.
Truliant FCU president/CEO testifies at Senate Banking Committee hearing on Consumer Financial Protection Bureau.
North Carolina CEO to speak at Tuesday hearing by the Senate Banking Committee.