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.
Cyberthreats push authority over credit union vendors to top of the NCUA's legislative priority list.
Sen. Richard Shelby (R-Ala.) asks why NCUA is not allowing stakeholders to comment during public hearings.
NCUA Board Member J. Mark McWatters tells CU Times the regulator does not need third party supervisory authority.
Federal Reserve chairman says an increase will be considered at some point on a meeting-by-meeting basis.
Board Chairman Debbie Matz says cybersecurity risks make regulatory authority over CUSOs and vendors essential.
During a Feb.12 congressional hearing, credit union executives detailed the harmful effects of the CFPB's Qualified Mortgage rule on their institutions.
Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.
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