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.
If money really does talk, then CUNA and NAFCU have been doing the financial equivalent of vocal exercises. The political action committees of both groups each ended last year with six-figure amounts in their coffers, as they gear up for an election year that features a large number of competitive races...
Republican chair of House Financial Services Committee being probed for possible insider stock trading.
So far 130 members of the House and Senate representing both parties and a range of ideological views have agreed be honorary chairs of the Credit Union Cherry Blossom Run.
CUNA, NAFCU spread donations across parties, chambers.
So much to do, so many potential distractions. That’s the outlook facing Congress as it returns to work after its holiday break.