Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
If amendment is added to Senate TRIA bill, a community banker would join the Federal Reserve Board.
College professor Mark McWatters will succeed Republican Michael Fryzel.
A proposal by the NCUA regarding risk-based capital has gotten much attention.
In his first opinion piece as CUNA's acting CEO, Bill Hampel extends an olive branch to the NCUA on RBC.
Oklahoma senator opposes the CFPB's $185M renovation project during a Banking Committee hearing.
Senators Tim Johnson (D-S.D.) and Mike Crapo (R-Idaho) say the rule could hamper ag lending.
A bill that would phase-out Fannie and Freddie is unlikely to pass a full Senate vote.
GSE reform passes the Senate Banking Committee Thursday over objections from Sen. Elizabeth Warren.
However, Democratic opposition could prevent the bill from a full Senate floor vote.