At press time, the fate of the credit union tax exemption was still up in the air.
Now comes the hard part. As tumultuous as the House subcommittee hearing on raising the cap on member business lending was, the really difficult battle will take place in the months ahead.
Sen. Olympia Snowe (R-Wash.) says Small Business Lending Fund "not an effective use of taxpayers' money."
CUNA's Cheney, NAFCU's Berger and Thaler, and bank industry counterparts all on list.
Some industry organizations which fought the passage of the Durbin amendment have moved quickly to applaud the prospect of its repeal.
NAFCU brings up MBL again.
Wait till next year. That’s the motto of fans whose teams have a disappointing season, and it’s also sums up the political strategies of CUNA and NAFCU.
When the new Consumer Financial Protection Bureau begins operations on July 21 it will be a headless wonder, albeit one with lots of clout. At press time, President Obama hadn’t named a permanent director for the CFPB. However, that won’t prevent the bureau from issuing regulations and examining certain large...
An in-depth look at the debut of the Consumer Financial Protection Bureau is featured in the July 20 edition of Credit Union Times.
Here are some shots from Friday, July 1, the final day of the 44th annual NAFCU Conference & Exhibition at the Moscone West Convention Center.