Credit unions lose two strong Democratic supporters in Mid-Term elections.
Sen. Mark Udall loses in Colorado despite a $400,000 CUNA direct mail campaign.
A number of Congressional credit union supporters took to the stage on GAC's final day.
Congress more likely to take on immigration, government funding instead of tackling the idea of raising the minimum wage when recess ends next week.
Panel hears from investment firms, learns "disturbing and frightening" realities of savings shortfalls.
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 issue of regulating interchange fees will be one of the topics lawmakers have to deal with when the House-Senate conference committee meets today to reconcile the differences between the financial reform bills passed by both chambers.
The chairmen and ranking Republicans of the Senate Agriculture and Banking committees are among the 12 senators named to the Senate-House conference committee that will reconcile differences between the regulatory overhauls.
Credit unions received a reprieve on data-reporting requirements but were still waiting on amendments on interchange fees and the agency to regulate consumer financial products as the Senate began to discuss the financial overhaul bill.