Exempting 77% of credit unions from a rule creates a two-tiered regulatory system.
Senate Banking Committee chairman will not go on record regarding his position on protecting the CU tax exemption.
WASHINGTON — NCUA's Fazio tells Senate Banking Committee 77% of credit unions could gain regulatory relief.
Had the RBC rule been in effect in 2009, NAFCU says more credit unions would have struggled to remain well-capitalized.
Several key House and Senate committees may call the NCUA to testify about risk-based capital.
NCUA Vice Chairman calls out a recent NAFCU opinion piece that questions the agency's desire to update FOM rules and law.
Committee calls on several government agencies to address loan servicing and debt collection issues.
National Association of Realtors asks Congress to help make loan process easier for first-time home buyers.
Sen. Tom Coburn (R-Okla.) advocates for the elimination of the CU tax exemption in a new report.
Credit unions lose two strong Democratic supporters in Mid-Term elections.