If a House bill that has picked up momentum successfully passes, this year’s annual privacy notice mailing could be the last.
Overregulation is not just choking credit unions, it is choking our economy.
The House has voted unanimously to approve a bill that would eliminate a regulatory provision blamed for frivolous lawsuits aimed at ATM operators.
According to a Monday release, Rep. Ron Paul’s (R-Texas) Audit the Fed bill is expected to receive a House floor vote later this month.
CUNA says full House vote could come soon after July 4th recess.
House panel to mark up bill that would repeal fee disclosure requirement that has led to lawsuits against credit unions.
Bill aimed at ending lawsuits over ATM disclosures.
Sen. Michael Johanns (R-Neb.) introduces bill Thursday afternoon that would end requirement to display a fee-notice placard on automated teller machines.
Credit union trade groups praise measure that would block lawsuits filed over missing disclosures on ATMs.
WASHINGTON — If banks are getting regulatory relief credit unions deserve the same opportunity.