Republican Gov. Chris Christie will appoint a replacement for Democrat Lautenberg, who had previously announced he would not seek re-election in 2014.
California Republican Ed Royce and co-sponsoring Democrat Carolyn McCarthy of New York bring MBL cap-raising bill back for 2013 session.
CUNA announced new legislative priorities for 2013 that include four key agenda items: preserving the credit union tax exemption, reducing regulatory burden, engaging in housing finance reform and advancing credit union charter enhancements.
Not so fast. After announcing Monday afternoon that a Senate vote was imminent, CUNA now says it’s not so.
CUNA announced Monday it has been told by Capitol contacts that a vote on S. 2231 could come in the next 48 hours.
ICBA exec calls NAFCU letter to senators supporting the package bill "obscene."
Banks hoping Congress will extend the FDIC’s Transaction Guarantee Program are facing opposition from Tennessee senator.
Despite comments made by co-sponsor Sen. Chuck Schumer (D-N.Y.) April 23 that suggested a vote on S. 2231 may be delayed, credit union trade associations continue to crash the net in support of the Small Business Lending Enhancement Act.
Schumer comments on MBL vote seen as contradiction to Reid promise that vote expected sooner. A preview from next week's print edition.
CUNA Chief Economist Bill Hampel has responded to a Fitch Wire article critical of raising the credit union member business lending cap that read like it came straight off a banker lobbyist talking points list.