Bill would require NCUA and others to first gain approval from OMB before issuing new regulations.
A bill that could reduce the ability of the CFPB and NCUA to issue new regulations has some traction, NAFCU's chief lobbyist said.
Bill would require rules by independent agencies to meet same scrutiny as those from federal agencies.
House Assistant Minority Leader James Clyburn (D-S.C.) served as CUNA’s VIP guest when the trade association unveiled its Democratic National Convention leave behind project Sept. 5 during a ribbon-cutting celebration.
Sen. Michael Johanns (R-Neb.) introduces bill Thursday afternoon that would end requirement to display a fee-notice placard on automated teller machines.
WASHINGTON — "Gang of Six" pessimistic about long-term plan because of House GOP opposition.
WASHINGTON — Comparing her agency to a police officer that prevents bad drivers from hurting good ones, NCUA Chairman Debbie Matz said the agency's strong enforcement saved the insurance fund about $1.5 billion.
WASHINGTON — Saying that there needs to be a balance between providing strong oversight and not stifling innovation, NCUA Board Member Gigi Hyland today endorsed a proposal that would require regulatory agencies to eliminate a regulation every time it issues a new one.
The lead lobbyist for the Virginia Credit Union League, Whitt Clement, is the new chairman of the Virginia Chamber of Commerce and said he hopes his election might spur greater industry visibility within the influential business group.
A bipartisan group of 13 senators urged Federal Reserve Chairman Ben Bernanke in a letter sent yesterday to ensure that when the Fed issues regulations on debit interchange fees they don't hurt small financial institutions and consumers.