Wendell Lyons said he disagrees with bank lobby on credit union opposition to raising MBL cap but said he doesn't see a lot of enthusiasm for it in his state.
Credit union senior managers warn against expanded lending authority, says credit unions and regulators "both unprepared."
Despite comments made by co-sponsor Sen. Chuck Schumer (D-N.Y.) April 23 that suggested a vote on S. 2231 may be delayed, credit union trade associations continue to crash the net in support of the Small Business Lending Enhancement Act.
Schumer comments on MBL vote seen as contradiction to Reid promise that vote expected sooner. A preview from next week's print edition.
Conservative, libertarian groups speak out for raising the member business lending cap for credit unions.
Trade says no endorsement without member business lending or supplemental capital relief.
House lawmakers ask Senate Minority Leader McConnell to allow a vote.
The NCUA is a low-profile agency, but that may not prevent the nomination of Carla M. Decker from getting caught up in pre-election political wrangling.
Like Noah’s ark, the Senate Banking Committee often considers nominees in pairs.
Credit unions dodged a taxation bullet with the latest spending reduction package, but it remains to be seen how long their luck will hold.