The Hispanic community will “suffer a significant burden,” if Congress and regulators don’t study the unintended consequences of the Durbin amendment to regulate debit interchange fees, Hispanic Chamber of Commerce President/CEO Javier Palomarez conveyed to Senate leaders.
CUNA and NAFCU are urging more senators to sign on as co-sponsors of Sen. Mark Udall’s bill to raise the cap on member business lending.
Congress won’t undertake a massive overhaul of the regulatory system during the next two years, but there will no shortage of action on lower profile issues that impact credit unions.
If nothing else, Credit Union Times is all about helping readers understand their world.
Tributes from city leaders and politicos continued to pour in Wednesday for the late William Ferrence, the president/CEO of Boulder Dam Credit Union in Nevada described as the community's "most beloved leader" and a bold activist.
Thanks to the voters' decisions earlier this month, after a two-year hiatus we will be able to find out.
CUNA and NAFCU's PACs supported more winners than losers in the midterm elections, yet CUs still lost some key allies.
Credit union stalwart Rep. Paul Kanjorski (D-Pa.) saw his 26-year congressional career end, yet Senate Majority Leader Harry Reid (D-Nev.) survived yesterday's election which gave the Republicans large gains in both chambers.
The bitter and nasty race for Harry Reid's U.S. Senate seat in Nevada has been a credit union negative on one level: It knocked out all those product ads and positive messaging.
The Republicans will gain 55 seats in the House - recapturing the majority and bring down several key credit union supporters, according to an analysis released today by political scientist Larry Sabato.