A White House petition written by Callahan & Associates Chairman Chip Filson asks President Obama to select NCUA board members who “understand the shared economic value for people and communities created by the cooperative model.”
Obama administration is praising Affordable Care Act for slowing down health costs while providing more value for consumers.
An in-depth look at the Callahan chairman's NCUA reform bid is this week's preview from next week's print edition.
Despite what almost everyone agrees is the deep importance of the topic, credit unions have become largely ambivalent about reforming the secondary mortgage market and uncertain about potentially disrupting a system which seems to be working well, according to executives with credit union organizations familiar with the issue.
WASHINGTON — Callahan Chairman Filson launches petition campaign to change nomination process, announces his own pitch to serve on NCUA board.
Federation will sponsor session for current and potential low income designated credit unions.
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.