The amendment passed 281-146, and the appropriations bill was later approved by the full House and sent to the Senate.
Measure would make Washington the 11th state to allow board member pay.
It is that time of year again, time for the CUNA Governmental Affairs Conference. Thousands of credit union professionals and volunteers will come to our nation’s capital to hear speakers ranging from television and sports personalities, authors, senators and congressman to federal regulators.
Access to supplemental capital and expanded investment options also in proposed legislation.
It’s the time of the year when pundits are analyzing the recent election and predicting what will happen in the new Congress during 2013.
Four credit union volunteers won re-election to the Maine State Legislature while two were defeated in their bids.
Banks hoping Congress will extend the FDIC’s Transaction Guarantee Program are facing opposition from Tennessee senator.
Sponsors of defined benefit pension plans will be able to use excess money in their plans to fund the purchase of life insurance for their retirees for the first time.
Measure passed as part of legislative flurry.
House Financial Services Committee Chairman Spencer Bachus (R-Ala.) predicted that he would be cleared of charges that he violated insider trading laws.