Here's a look at the top 5 issues, other than member business lending legislation, pushed at NAFCU's 2012 Congressional Caucus.
Mortgages, providing them and buying them, along with business lending and compliance issues were on the agenda Friday at the Congressional Caucus.
House Republicans asked tough questions of Richard Cordray about his plans for running the Consumer Financial Protection Bureau, but the session wasn’t as hostile as it was when Elizabeth Warren testified.
New CFPB director said he would work with credit unions and community banks to better understand impact of its actions.
Panel chair says CFPB director's recess appointment "runs counter to the constitutional requirements for a recess appointment."
House Republicans used a July 14 hearing to accuse those setting up the new Consumer Financial Protection Bureau of not disclosing enough information and for not spelling out what financial products it plans to target for increased scrutiny.
Testy exchanges focus on potential compliance costs and financial products targeted for increased scrutiny.
An inspector general would have oversight of the new $30 billion Small Business Lending Fund if a bill with that proposal becomes law.
A bill that would provide oversight of the new $30 billion Small Business Lending Fund, including putting an inspector general in charge, has been introduced.
Key Republicans on the House Financial Services Committee are concerned that the Obama administration’s proposed settlement with mortgage servicers could require the servicers to write down mortgage principles in certain cases.