Fintech lenders fight for the freedom to innovate while NAFCU and the ABA call for more regulation.
About 65% of credit unions would be eligible for regulatory relief.
The bill proposals also include an 18-month exam cycle, a repeal of the Volcker rule and a CFPB commission.
How credit unions might be caught up in election-year politics.
The GAO is including the NCUA in its probe of regulatory capture among financial regulators.
CUNA’s CEO will appear before the House Financial Services Committee Tuesday.
While many of the CFPB restrictions are endorsed by CU trade groups, experts say they'll be deleted when Congress enacts FY17 funding for the federal government.
Muniz was just 38.
The Senior$afe Act has strong support from the financial services industry.
Thirty-one credit unions remain in Treasury's Community Development Capital Initiative.