Bill, which contains several credit union friendly provisions, moves on to the full Senate.
CUNA and NAFCU applaud draft legislation that would change Dodd-Frank and provide regulatory relief.
NCUA Board Member Mark McWatters supports a bill that would require NCUA budget hearings.
The newly-introduced bill would require the NCUA to seek public input on its budget.
Tax reform, regulatory relief and other credit union concerns are in the hands of these members of Congress.
Rep. Mick Mulvaney (R-S.C.) on Feb. 27 introduced a bill that would require a Government Accountability Office study of NCUA budgeting and spending.
A NAFCU-backed bill introduced by Rep. Mike Mulvaney (R-S.C.) would require a GAO study of the NCUA's operating budget and funds.
Sen. Shelby is no adversary to credit union industry.
Sen. Richard Shelby (R-Ala.) asks why NCUA is not allowing stakeholders to comment during public hearings.
It is wrong to paint Sen. Richard Shelby (R-Ala.) as an adversary to the credit union industry.