NCUA General Counsel Mike McKenna on April 9 clarified the NCUA's position on risk-based capital and supplemental capital.
The NCUA's general counsel explains why the agency can't add supplemental capital access to its risk-based rule.
NAFCU, CUNA say regulatory impact is real and growing, despite NCUA testimony on Tuesday.
Agency attorney Mike McKenna testifies Tuesday at congressional hearing on regulatory red tape.
The NCUA received $1.073B of the $1.4B JPMorgan settlement. Lawyers got the rest.
In an exclusive interview, watchdog Congressman Darrell Issa (R-Calif.) confirms net settlement number revealed last week by an unnamed NCUA source.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. But their excuse sounds credible.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. At least their excuse sounds credible.
Revealing the settlement's net gain could jeopardize ongoing negotiations with deep-pocketed Wall Street firms, NCUA's general counsel says.
Oregon case thrown out but industry attorney says NCUA should take notice of judicial treatment of Federal Credit Union Act.