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By Claude R. Marx |
September 18, 2011
This is a prediction you can take to the credit union. During the presidential campaign there are some phrases you won’t hear. “The government isn’t spending enough money.” “China doesn’t own enough of U.S. assets.” And “One of my top priorities is to raise the cap on credit union member...
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By Claude R. Marx |
September 17, 2011
This is a prediction you can take to the credit union. During the presidential campaign there are some phrases you won’t hear. “The government isn’t spending enough money.” “China doesn’t own enough of U.S. assets.” And “One of my top priorities is to raise the cap on credit union member...
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By Michelle A. Samaad |
March 2, 2011
The credit union industry is known for its kinship. Few dare to go on record and point fingers at their credit union peers for poor loan performance.
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By Claude R. Marx |
December 22, 2010
Credit unions lost one of their strongest congressional allies this year and will have to deal with more Republicans in both the House and Senate next year.
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By Claude R. Marx |
December 2, 2010
WASHINGTON -- The new consumer agency will focus on stronger across-the-board regulations that will make the credit market function better and protect consumers, the agency's chief architect, Elizabeth Warren, said today.
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By Claude R. Marx |
November 9, 2010
Elizabeth Warren, who is directing efforts to set up the new consumer agency, criticized those who want to weaken the agency before the ink on the bill is barely dry.
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By Claude R. Marx |
November 2, 2010
Connecticut Attorney General Richard Blumenthal and West Virginia Gov. Joe Manchin, both Democrats, are expected to win open Senate seats in their states, according to the Associated Press.
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By Claude R. Marx |
October 20, 2010
As the nation's budget deficit continues to grow, the government may be looking for new sources of revenue. Therefore, formerly sacred cows such as credit unions' tax-exempt status may go the way of VCRs and rotary phones.
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By Claude R. Marx |
October 12, 2010
Although the new consumer agency is designed to protect consumers, it will also ease the regulatory burden on financial services providers, Senate Banking Committee Chairman Christopher Dodd said today.
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By Claude R. Marx |
October 8, 2010
In the wake of reports by some large lenders about problems in their foreclosure review process, the Senate Banking Committee announced today it will hold a hearing when Congress returns next month.
