Olympia Snowe

SBA Says Normal Oversight Is Behind Reviews of ARC Loans

By Michelle A. Samaad | May 19, 2010

The SBA's Office of Inspector General has confirmed it is reviewing a sample of 300 American Recovery and Reinvestment Act loans as a usual oversight measure and not because those loans have a tendency for a higher number of defaults.
Senate Debates Reg Restructuring and Considers Gaggle of Amendments

By Claude R. Marx | May 12, 2010

Credit unions received a reprieve on data-reporting requirements but were still waiting on amendments on interchange fees and the agency to regulate consumer financial products as the Senate began to discuss the financial overhaul bill.
Senators Sponsor CU Amendments on Reg Restructuring

By Claude R. Marx | May 6, 2010

The chairman of the NCUA would be included in the council of regulators that could make decisions on systemic risk and hear appeals of rules by the new consumer financial regulator if an amendment sponsored by Sen. Susan Collins (R-Maine) is approved.

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