Credit union regulatory relief bills scheduled for markup, including one that simplifies privacy notification requirements.
If passed, the law would adjust the definition of points and fees under the Truth in Lending Act.
The decision is historic in that insurance, according to the Congressional Research Service, has been state regulated for 150 years.
Think weather's bad? How about an electro magnetic pulse nuclear attack?
More bad news on the economy, as the ranks of America's poor are on track to climb to levels not seen in nearly 40 years.
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.
The new Bureau of Consumer Financial Protection–which will be the driving force behind the writing and enforcement of a myriad of consumer regulations–isn’t scheduled to begin operating until July.