Qualified mortgage rules ready to roll while efforts to stall continue.
A group of 26 U.S. senators wrote a letter to CFPB Director Richard Cordray urging him to delay new mortgage rules set to take effect in January 2014.
Senate rules change paved way for Watt's confirmation after Republicans had vowed to block a vote.
Alaska Democrat joins 25 GOP lawmakers in asking CFPB to delay new rules that take effect in January.
Total loans reach $631.5 billion as net worth ratio reaches highest level since 2008.
NAFCU expresses appreciation for Yellen's "openness" as bid to succeed Ben Bernanke heads to full Senate.
Trades say rollback of corporate bailout assessments should follow.
According to the credit union industry's two major trade associations, the NCUA's proposed stress test rule is unnecessary because the four largest credit unions in the nation already conduct their own tests.
Credit union lobbyists top list of opinion professionals.
Trade group cites "unacceptable financial burden" while reinsurers cast wary eye at blanket subsidies.