WASHINGTON — The woman setting up the new Bureau of Consumer Financial Protection said the bureau will be a strong ally of credit unions that “want to work on behalf of their members.”
More than 4,500 people are expected to attend CUNA's Governmental Affairs Conference, which begins Sunday at The Washington Convention Center.
Elizabeth Vale, who has been the executive director of the White House Business Council, was named the assistant director for community banks and credit unions of the new Bureau of Consumer Protection.
In a Jan. 31 letter to Rep. Randy Neugebauer (R-Texas), Elizabeth Warren revealed that the current plan calls for the Consumer Financial Protection Bureau to have six primary divisions.
If you want to tell the new Bureau of Consumer Financial Protection how to do its job, now you have a chance to do so.
House Speaker John Boehner (R-Ohio) will speak at CUNA's Governmental Affairs Conference, the trade association announced today.
Holly Petraeus, who has extensive experience working on consumer issues affecting members of the military, was named today to head the implementation of the Office of Servicemember Affairs of the Consumer Financial Protection Bureau.
It was a little more than a year ago when the NCUA threw its support behind an advisory that encouraged workouts on commercial real estate loans.
Credit unions and other financial institutions are likely to face an added regulatory burden as a result of the regulatory overhaul bill passed by Congress this year.
For Elizabeth Warren, the former Harvard Law School professor helping to set up the new consumer regulator, thriftiness is very much her cup of tea.