Industry trade associations shrugged off the exclusion. CUNA lobbyist says "those amendments never go anywhere."
House panel says it will investigate DHS mission, capabilities as infrastructure attacks, including on banks and credit unions, mount.
Panel to discuss how government policy at Fannie and Freddie played role in housing collapse and financial crisis.
A group of Democratic senators introduced a bill Jan. 23 that would allow privately issued student loans to be discharged along with other bankruptcy debt.
As credit unions hunker down in defense of their federal tax exemption, the industry does have one thing in its favor. There are no known enemies among leadership on the House Ways and Means or Senate Finance Committees.
Florida congressman makes good on promise not to include tax exemption in debt reduction bill.
These powerful leaders oversee financial institutions and the NCUA, originate tax reform and wield considerable influence.
Trade group hits the Hill as Congress begins new session.
The law, which was passed in 2007, was extended one year and now expires Jan. 1, 2014.
After seeing little to no progress on credit union legislation during the first 11 months of 2012, two regulatory relief bills advanced within 24 hours of each other, with one passing both chambers and awaiting President Obama’s signature.