Kansas Republican Moran says measure would make CFPB similar in structure to SEC, add accountability and oversight.
Saying that credit unions and small banks “had very little, really nothing to do with causing the financial crisis,” Consumer Financial Protection Bureau Director Richard Cordray renewed his commitment to ensure that they don’t face unnecessary additional regulatory burdens.
CFPB director testifies Tuesday at Senate Banking Committee hearing.
CUNA President/CEO Bill Cheney and NAFCU President/CEO Fred Becker plan to tell lawmakers on Wednesday that less is more.
CUNA President/CEO Bill Cheney and NAFCU President/CEO Fred Becker are among the witnesses at next Wednesday’s House hearing on a measure that would give banks regulatory and tax relief.
House passes measure that raises number of shareholders needed before bank must register with SEC.
Now comes the hard part. As tumultuous as the House subcommittee hearing on raising the cap on member business lending was, the really difficult battle will take place in the months ahead.
The Senate Banking Committee will have five new members during this session, as a result of assignments announced by the party leaderships on Thursday.