GOP panel members anxious to move measure along while Democrats ask to wait until after recess to allow public input.
Trade group says it does have some concerns while California Democrat says bill is partisan ideology and another attack on middle class.
Ranking House Financial Services Committee member, 26 others express concern to FEMA over flood insurance affordability.
CUNA economist on panel of industry experts selected by Rep. Maxine Waters (D-Calif.) to discuss finance reform legislation.
CUNA Chief Economist Bill Hampel will be among panelists at a congressional discussion on plans to reform the secondary mortgage market.
Jerry Reed, chief lending officer from the $5.3 billion Alaska USA FCU, told lawmakers during a June 18 hearing on the Consumer Financial Protection Bureau’s qualified mortgage rule that products and product features were responsible for the mortgage market meltdown, not underwriting standards.
House Financial Services hearing features partisan back-and-forth over Fannie and Freddie.
Ever since Rep. Jeb Hensarling (R-Texas) and Rep. Maxine Waters (D-Calif.) were named the chairman and ranking member of the House Financial Services Committee late last year, Capitol Hill observers have waited for the two members of Congress and their polar opposite ideologies to clash publicly.
Rep. Maxine Waters says she'll invoke rules in response to House Financial Services Committee testimony ban by Texas Republican.
WASHINGTON — Congressmen made their points for and against the CFPB and Dodd-Frank at the final day of the GAC. John Cooke captured the images.