Christopher Dodd

• Marx on Capitol: CUs Need More Moneyball, People Power

  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...

• Marx on Capitol: CUs Need More Moneyball, People Power

  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...

• Speaking No Evil as CRE Troubles Put Nerves on Edge

  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.

• Elections Shook the CU Landscape on Capitol Hill

  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.

• On-Site Coverage: Warren Pledges Rigorous Regulations to Make Credit Market More Efficient

  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.

• Warren Criticizes Those Who Want to Weaken Consumer Agency

  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.

• CU Backed Candidates Blumenthal and Manchin Win Senate Seats

  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.

• Credit Unions May Face a Taxing Dilemma

  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.

• Dodd Discusses Benefits of New Consumer Agency for Financial Institutions

  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.

• Senate to Hold Hearing On Foreclosures

  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.