House Financial Services Committee Chairman Barney Frank (D-Mass.), who is facing a stronger than expected reelection challenge, lent his campaign $200,000.
The leaders of CUNA and NAFCU yesterday wrote NCUA Chairman Debbie Matz requesting her "leadership and assistance" in moving capital reform through Congress.
Credit unions received a double dose of good news on the Community Reinvestment Act front today.
American credit unions aren't subject to international capital requirements, but changes to these requirements could prompt the U.S. government to allow supplemental capital.
The Federal Reserve Board has reached out to credit union trade associations as part of its first steps toward crafting a cap on debit card interchange.
Sarah Snell Cooke's Editor's Colum Aug. 5 noting the importance of providing credit union access to capital a top legislative item for 2011 could not have been timelier.
What if the opposition party gains control of parts of government?
Credit unions won a victory today when the House Financial Services Committee approved a legislation that would legalize internet gambling.
NAFCU has told the House Financial Services Committee that it supports HR 2267, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act.
The Independent Community Bankers of America had the right idea with regard to interchange regulation. I'll probably have to run for cover at the CUNA/WOCCU 1 Conference this week for stating that, but it's true.