NCUA Board Member J. Mark McWatters tells CU Times the regulator does not need third party supervisory authority.
Board Chairman Debbie Matz says cybersecurity risks make regulatory authority over CUSOs and vendors essential.
Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.
From loss of business to long-term impact on communities, executives testify on CFPB’s qualified mortgage rule.
Credit union and bank executives tell the Republican-controlled Senate Banking Committee the CFPB needs structural reform.
NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Exempting 77% of credit unions from a rule creates a two-tiered regulatory system.
Several key House and Senate committees may call the NCUA to testify about risk-based capital.
Committee calls on several government agencies to address loan servicing and debt collection issues.
Sen. Tom Coburn (R-Okla.) advocates for the elimination of the CU tax exemption in a new report.