S. 2028 would raise the MBL cap to 27.5% of assets. The NCUA's MBL reform could affect the bill.
A group of Democratic senators introduced a bill Jan. 23 that would allow privately issued student loans to be discharged along with other bankruptcy debt.
Private student loans called "the next mortgage crisis" by co-sponsor Sen. Tom Harkin, D-Iowa.
The Tuesday night reception drew lawmakers, credit unions and business owners and kicked off CUNA’s latest Hike the Hill.
Federal credit unions could be subject to additional caps on credit card interest rates if a group of Democratic senators gets its way
Here we go again. Saying that it would “expand the options for small businesses at no expense to taxpayers,” Sen. Mark Udall (D-Colo.) last week reintroduced a measure to raise the cap on member business lending from 12.25% of assets to as much as 27.5% of assets.