The trades last week came out against principal forgiveness, an idea floated by Federal Housing Finance Agency Director Edward DeMarco. Political observers, however, noted that he has long been opposed to debt forgiveness and may be simply responding to consistent pressure from the Democratic Party.
Some thoughts on strategic defaults, remote deposit capture and even Greece.
Congressional Federal Credit Union is mourning the death of former Board Chairman and U.S. House of Representatives Doorkeeper James T. Molloy.
View varies from credit union industry leaders who say proposed new rules are too restrictive.
Sen. Joseph Lieberman (I-Conn.), who has worked to help credit unions achieve several of their legislative goals, announced today that he won't run for a fifth term next year.
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).
What if the opposition party gains control of parts of government?