The European Commission has proposed capping debit and credit card interchange at 0.2% and 0.3% respectively.
WASHINGTON — NCUA Board hopeful Richard Metsger’s nomination was unanimously approved Thursday morning by the Senate Banking Committee.
Greg Smith of $4 billion Pennsylvania State Employees Credit Union joins community bankers on CDIAC panel.
WASHINGTON — Congressmen made their points for and against the CFPB and Dodd-Frank at the final day of the GAC. John Cooke captured the images.
WASHINGTON – Rep. Spencer Bachus (R-Ala.) had good news for credit unions during his speech Tuesday morning at CUNA’s GAC.
“If I have anything to do with it, there will not be taxation on our credit unions,” the House Financial Services chairman said.
CEOs from Missouri, Illinois credit unions on regional depository institution advisory council.
Washington was embroiled in a game of fiscal chicken at the end of the year. Unemployment is high at 7.7%. The 2.5 million people who are unemployed but so discouraged that they’re not actively looking are unchanged from 2011.
Chairman Ben Bernanke made history this week when he said the Fed would keep long term rates low until unemployment drops to 6.5% or below.
Bill would require NCUA and others to first gain approval from OMB before issuing new regulations.