GOP panel members anxious to move measure along while Democrats ask to wait until after recess to allow public input.
Sens. Mark Warner (D-Va.) and Bob Corker (R-Tenn.) introduced legislation June 26 that would reform America’s housing finance system by replacing the government-sponsored enterprises Fannie Mae and Freddie Mac with a privately capitalized system.
CUNA economist on panel of industry experts selected by Rep. Maxine Waters (D-Calif.) to discuss finance reform legislation.
Senate gets measure Tuesday that would shut down Fannie Mae, Freddie Mac and FHFA within five years and create new corporation similar to FDIC.
Rhode Island's Reed, New York's Schumer seen eyeing top post on Senate Banking Committee as South Dakota's Johnson retires.
While President Obama won a resounding victory in his re-election quest, credit union trade groups celebrated their successes in the congressional races and turned their attention to the Congress’s lame duck session.
A roundup of Nov. 6 results from the credit union industry perspective.
Credit union trade associations have entered the 2012 election homestretch, with both CUNA and NAFCU confirming PAC spending figures reported by the Federal Election Commission and website OpenSecrets.org.
Here’s a rundown of the top five races that could have an effect on credit union support in Congress.
Banks hoping Congress will extend the FDIC’s Transaction Guarantee Program are facing opposition from Tennessee senator.