Although the District of Columbia Circuit Appeals Court invalidated President Barack Obama’s recess appointments to the National Labor Relations Board and potentially overturned the board’s decisions since early 2012, credit unions shouldn’t assume the ruling means the CFPB will meet the same fate, said NAFCU President/CEO Fred Becker.
Friday's decision invalidates NLRB appointees, could impact Richard Cordray's recess appointment last year to CFPB.
As credit unions hunker down in defense of their federal tax exemption, the industry does have one thing in its favor. There are no known enemies among leadership on the House Ways and Means or Senate Finance Committees.
These powerful leaders oversee financial institutions and the NCUA, originate tax reform and wield considerable influence.
Lew, former OMB director, currently is White House Chief of Staff and would succeed Timothy Geithner.
It’s clear that the Patient Protection and Affordable Care Act, otherwise known as Obamacare, is the law of the land. But it’s not so clear yet how the new law will impact credit unions over the next two years when the bulk of the health reform laws go into effect.
Uncertainty reigns as Affordable Care Act begins two years of taking hold. This article is also in our Jan. 9 print edition.
Change seemed inevitable at the NCUA following the announcements by Board Member Gigi Hyland and Executive Director David Marquis that they were leaving the agency.
Texas, Florida gain residents as New York and California lose.
There’s no denying that 2012 has been a big year for women. We won the election, we made millions and we stood up to Rush Limbaugh.