Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.
NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Senate Banking Committee chairman will not go on record regarding his position on protecting the CU tax exemption.
Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
Lower overdraft fees and expanded opt-in are possible provisions of a new overdraft rule, expected from the CFPB mid-year.
Mandate would clarify, strengthen obligations companies have to notify customers when their data has been compromised.
President says he's ready to work with the Republican-led Congress.
Credit unions lose two strong Democratic supporters in Mid-Term elections.
The NCUA's Consumer Protection Office also gives unsatisfied members a voice.
Former NCUA Board Member says the agency's Consumer Protection Office handles member problems best.