NAFCU’s president/CEO discusses cybersecurity and legislation.
Only three circumstances will require additional review time for borrowers, Cordray says.
NCUA Director of Examination and Insurance Larry Fazio answers questions on RBC2 and budget hearings.
Committee leaders push the NCUA and CFPB to cease any involvement with the operation.
Rep. Randy Neugrbauer (R-Texas) introduces a bill that would replace CFPB Director Richard Cordray with a five-person commission.
The House reauthorizes the Terrorism Risk Insurance Act, which also guarantees a Federal Reserve Board spot for a community banker, but no credit union parity.
House hearing brings out opposing viewpoints over rates said to jump as high as 3,000%.
GOP Rep. Randy Neugebauer asks for speedy approval from banking industry regulators, sparking calls for caution from some insurers.
Texas Republican fills slots on influential panel for upcoming 113th Congress.
Credit union trade associations have entered the 2012 election homestretch, with both CUNA and NAFCU confirming PAC spending figures reported by the Federal Election Commission and website OpenSecrets.org.