The Federal Reserve announced in an Aug. 21 court hearing it will defend its current debit interchange rule before an appeals court. And in a twist, the Fed also said it will join forces with its opponents to seek a speedy appeal decision.
CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms released Aug. 15.
An irate judge threw the Federal Reserve another curve ball during an Aug. 14 hearing when he gave the regulator until Aug. 21 to persuade the court why its 21-cent interchange debit cap should not end.
Trade group EVP says, "We're getting Dan for a pretty good price."
CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms.
President Barack Obama laid out his initiative to reform the secondary mortgage market in a speech on Aug. 6 that trash talked Fannie Mae and Freddie Mac and voiced support for a Senate bill that would wind down the government sponsored enterprises and replace them with a mostly privatized system.
Letter to Credit Unions says agency will charge 2014 assessment and notes details about 2013 tab.
President rolls out his own plan to wind down Fannie and Freddie, a plan similar to Corker-Warner proposal in the Senate.
CUNA and the Chip Filson-led Co-Ops for Change may be singing off different song sheets, but the chorus is the same: The corporate assessment era should end.
Former Oregon State Sen. Rick Metsger now awaits being sworn in to fill seat left vacant by Gigi Hyland.