Bill, which contains several credit union friendly provisions, moves on to the full Senate.
NCUA Board Member Mark McWatters supports a bill that would require NCUA budget hearings.
The newly-introduced bill would require the NCUA to seek public input on its budget.
The NCUA Budget Transparency Act would require the NCUA to hold a public budget hearing and accept comments.
WASHINGTON — NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
The Credit Union Share Insurance Fund Parity Act means IOLTA accounts are now covered by federal deposit insurance.
CU Share Insurance Fund Parity Act would direct NCUA to extend insurance to owners of funds held in trust accounts.
Credit unions lose two strong Democratic supporters in Mid-Term elections.
Sen. Mark Udall loses in Colorado despite a $400,000 CUNA direct mail campaign.
WASHINGTON — The Senate Banking Committee also delayed mark-up of the Corker-Warner GSE reform bill.