NAFCU says hearing next week; Senate Banking Committee spokesman says no date to report.
Even after news that a vote on S. 2231 won’t happen as quickly as hoped, credit union trade associations say they aren’t pursuing a Plan B to promote legislation that would raise the member business lending cap to 27.5% of assets.
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
Senator advises colleagues "to move forward carefully."
Senate Banking Committee is expected to hold a hearing on Carla Decker’s nomination to the NCUA Board on Nov. 17, industry sources said.