Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
Ways and Means subcomittee hearing focuses on new delays in PPACA requirements.
Researchers claim 30 million Americans will still be uninsured come 2016.
Over the years, I have seen the mission and values of the credit union industry expressed in the service brought to its members. I find that looking at the roots of an institution can remind us of its mission and values and connect us to those who have gone before...
This Opinion piece looks at 165 years of credit union history and the movement's continuing values and principles.
Credit unions’ rite of spring, CUNA’s Governmental Affairs Conference, has now come and gone. Many credit union volunteers and professionals have scurried home for warmer climes or colder ones in the case of credit union Mecca–Madison–where they were expecting several inches of snow on top of what they already had....
Credit unions complain now about their regulatory load, but the CFPB is just getting warmed up, and the NCUA will have more to come as well.
Although the District of Columbia Circuit Appeals Court invalidated President Barack Obama’s recess appointments to the National Labor Relations Board and potentially overturned the board’s decisions since early 2012, credit unions shouldn’t assume the ruling means the CFPB will meet the same fate, said NAFCU President/CEO Fred Becker.
NLRB plaintiffs say the ruling was significant because it occurred in the same court that is hearing the Cordray suit.