Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
College professor Mark McWatters will succeed Republican Michael Fryzel.
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.
Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
WASHINGTON — The Senate Banking Committee also delayed mark-up of the Corker-Warner GSE reform bill.
Senate housing reform measure moving steadily forward.
WASHINGTON — The Republican from Texas also earned praise from Sen. Elizabeth Warren (D-Mass.).
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
NCUA board hopeful will share the confirmation panel with three Federal Reserve Board nominees.