Rep. Shelly Moore Capito (R-W.Va.) will chair the House subcommittee that has oversight over credit unions and other depository institutions, incoming Financial Services Chairman Spencer Bachus (R-Ala.) announced today.
There will likely be another round of place holding and finger pointing on Capitol Hill on Sept. 15 when a House Financial Services Subcommittee opens a hearing on Fannie Mae and Freddie Mac.
NAFCU has added more federal legislators and an additional regulator to the roster of speakers for its 2010 Congressional Caucus.
Edward DeMarco, acting director of the Federal Housing Finance Agency, Fannie Mae's federal regulator, is among the latest regulators and legislators to agree to speak at NAFCU's 2010 Congressional Caucus.
However Congress reforms the government-sponsored enterprises for the secondary mortgage market, NAFCU wants lawmakers to ensure stability in those markets through that reform.