The House Financial Services Committee will mark up H.R. 2769 Wednesday.
PHOENIX – Legislation to restructure the CFPB could leave the House Financial Services Committee next week.
Also, House Financial Services Committee member Rep. Juan Vargas (D-Calif.) pens a new letter to the NCUA opposing RBC2.
WASHINGTON – Rep. Mick Mulvaney reflects on Matz’s July “credit unions don’t represent their members” comment.
WASHINGTON – Reps. Neugebauer and Sinema support replacing Cordray with an independent board of directors.
WASHINGTON – Rep. Sean Duffy attacks the CFPB and invites CU execs to share their concerns privately.
Bill would give bank regulators authority to exempt banks from burdensome regs.
A bill added to the financial services appropriation bill would allow bank regulators to exempt small banks from some regs.
Trades write to Congress urging credit unions’ exemption from CFPB rules; Rep. Roger Williams introduces H.R. 3048.
Small credit unions continue to seek regulatory relief, but some say it's time to work around the CFPB.