Maybe credit unions should avoid words that begin with D. The industry has worked to increase its clout in Washington and made some progress.
The House Banking Committee focused on oversight and trying to undo or modify some of President Obama’s initiatives while the Senate Banking Committee focused on less sweeping efforts in 2011.
Democratic House members won’t pick a successor to retiring Rep. Barney Frank (D-Mass.) in the top spot on the House Financial Services Committee for a year, and it’s far from a sure thing that the member next in line, Rep. Maxine Waters (D-Calif.), will get the nod.
Dodd-Frank, CFPB architect leaving House after 30 years.
Credit union CEO met with several committee staff members last Friday to discuss her nomination, according to several sources.
When it comes to the status of Carla Decker’s nomination to the NCUA board, on Capitol Hill and at the White House the silence has been deafening.
The Federal Home Administration has reported to Congress that its Mutual Mortgage Insurance Fund will return to its mandated capital levels more quickly than had been previously expected.
At press time, the fate of the credit union tax exemption was still up in the air.
The Consumer Financial Protection Bureau is just beginning its work, but that hasn’t stopped its critics from aiming their rhetorical fire at it.
The Consumer Financial Protection Bureau is still in its infancy but critics already say it's not playing nicely with others.