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By Claude R. Marx |
January 6, 2011
Rep. Barney Frank, the top Democrat on the House Financial Services Committee, invoked images of the Wild West in blasting efforts by Rep. Michele Bachmann (R-Minn.) to repeal the financial overhaul bill passed last year.
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By Claude R. Marx |
July 15, 2010
The regulatory overhaul bill came a step closer to final passage today when the Senate voted 60-38 to end a Republican-led filibuster.
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By Claude R. Marx |
July 15, 2010
Congress completed work today on what some said is the most comprehensive financial regulatory bill since the New Deal when the Senate approved the measure 60 to 39.
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By David Morrison |
July 7, 2010
Death and taxes kept the effort to reform the nation's financial industry regulations from passage last week as the unexpected exit of the longest serving U.S. senator confused and delayed the bill's supporters.
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By Claude R. Marx |
June 30, 2010
Despite intense opposition by credit unions and banks, the House today approved a comprehensive financial overhaul bill by a vote of 237-192.
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By David Morrison |
June 25, 2010
House and Senate Conferees agreed to a final version of the financial reform legislation that includes controversial language mandating the Federal Reserve to set debit card interchange rates at a "reasonable level."
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By Claude R. Marx |
June 24, 2010
House and Senate conferees are putting the final touches on the financial overhaul bill and were hoping to finish work Thursday evening so both chambers could vote next week.
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By Claude R. Marx |
June 23, 2010
Because of the interchange language, CUNA plans to oppose the financial overhaul bill moving through Congress and is asking credit unions to launch an all-out lobbying effort between now and next week's votes in the House and Senate.
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By Claude R. Marx |
June 21, 2010
NAFCU President/CEO Fred Becker said he and his organization are "greatly disappointed," by the House's proposal on interchange fees that keeps most of the language in the Senate-passed amendment.
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By Claude R. Marx |
June 2, 2010
WASHINGTON -- For credit unions, the upcoming House-Senate conference committee on the financial regulatory overhaul is coming down largely to interchange fee regulation.
