President's new plan resembles Senate measure to wind down Fannie and Freddie.
This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
The House Financial Services Committee passed the Protecting American Taxpayers and Homeowners Act July 24 by a vote of 30-27.
Reps. King and Royce, NCUA's Fryzel now slated to address September confab.
House panel passes measure to eliminate Fannie Mae and Freddie Mac, largely privatize secondary mortgage market.
Democrats fail to add amendments to GSE bill after arguments over house prices.
A housing finance reform bill unveiled by House Republicans July 11 would wind down Fannie Mae and Freddie Mac and also contains a number of regulatory relief provisions, including tweaks to the CFPB’s qualified mortgage rule and exam reform.
Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
GOP panel members anxious to move measure along while Democrats ask to wait until after recess to allow public input.
WASHINGTON — Credit union leaders meet with lawmakers to push for expanding access to supplemental capital.