Political pundit Paul Begala got things going at NAFCU's annual caucus on Monday, while new NCUA Board Member Rick Metsger made his debut.
Rep. Darrel Issa (R-Calif.) asks if executive order violated. NCUA pays lawyers more than $40 million of $170 million in Wall Street settlements.
Credit union events at the Republican National Convention happened outside the walls of the Tampa Bay Times Forum last week, but two credit union CEOs were among those inside the convention, listening to the speeches and roll call.
Art and Mary Wood are Tampa-area GOP activists and will have inside seats at the convention in their hometown.
Clifford Rosenthal, CEO of the National Federation of Community Development Credit Unions, is leaving the federation to take a position with the Consumer Financial Protection Bureau.
OMB Director Jack Lew to take over.
WASHINGTON — Skeptics dominated a conference on the impact of a proposed cap on debit interchange that was held on the same day Federal Reserve Chairman Ben Bernanke informed Congress that the Fed will miss an April 21 deadline to announce the regulation's final version.
WASHINGTON — The staff of the Federal Reserve failed when they did not thoroughly analyze the impact of a proposed regulation on the debit interchange cap on consumers and the economy at large, according to a leading economist.
WASHINGTON — A former chairman of the President's Council of Economic Advisors under the Clinton Administration likened the proposed cap on debit interchange to “pushing paper mail over email.”
Gene Sperling, who was the Treasury Department's point person during negations on the proposal for raising the cap on member business loans, was named by President Obama today to be director of the National Economic Council (NEC).