Bill, which contains several credit union friendly provisions, moves on to the full Senate.
Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
Senators Tim Johnson (D-S.D.) and Mike Crapo (R-Idaho) say the rule could hamper ag lending.
Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
Sessions, Corker, Cornyn, Roberts speak out on Fed nominee. "Ms. Yellen subscribes to the liberal school of thought."
ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
WASHINGTON — NCUA Board hopeful Richard Metsger’s nomination was unanimously approved Thursday morning by the Senate Banking Committee.
Idaho Republican Sen. Mike Crapo made the request in a letter Tuesday to the Government Accountability Office.
WASHINGTON — Federal Housing Finance Agency nominee explains position at confirmation hearing.