Almost 75% of the U.S. House of Representatives sign a letter requesting changes to the NCUA's risk-based capital proposal.
Three bills that would provide regulatory relief for credit unions are on Tuesday's House floor vote schedule.
House Financial Services subcommittee targets two CFPB managers and a union VP who refused to testify April 2.
NCUA General Counsel Mike McKenna on April 9 clarified the NCUA's position on risk-based capital and supplemental capital.
The NCUA's general counsel explains why the agency can't add supplemental capital access to its risk-based rule.
NAFCU, CUNA say regulatory impact is real and growing, despite NCUA testimony on Tuesday.
Democrat members of the House Financial Services Committee say the April 2 hearing belongs in court, not Congress. Republicans disagree.
Lawmakers schedule a hearing and request personnel records in response to claims of CFPB discrimination against employees.
Democrats in the House ask the CFPB's inspector general to investigate allegations of employee discrimination. The NCUA is questioned, too.
Financial Services chair points out CFPB's promises to be more transparent in call for advisory councils to be open to the public.