Agency official tells House panel that it may consider allowing non-working spouses to obtain credit.
Rule called unfair to non-working spouses to undergo scrutiny.
Small institutions particularly hard hit by increased compliance costs and falling debit card interchange rate, subcommittee told.
Regulatory burden, National Flood insurance Program on the agenda.
Credit unions have two CEOs on the agenda Wednesday at the House Financial Institutions Subcommittee’s hearing on compliance burdens.
Trade group asks agency to implement changes before proposed law is passed.
The disagreement between financial institutions and regulators over changes in the exam process may not be resolved on Capitol Hill any time soon.
CUNA, NAFCU spread donations across parties, chambers.
Agency executive director tells House panel that bill would raise NCUSIF tab, add regulation and not give any assurance of added benefit.
The NCUA’s decisions aren’t reviewed by third parties and credit unions don’t receive consistent messages, trades testify to Congress.