WASHINGTON-NCUA Chairman Dennis Dollar and the other federal financial depository institution regulators have been asked to provide the Senate Banking Committee with a report on the state of the institutions that they regulate. According to Nick Owens, special assistant to the chairman for public relations, Dollar received the invitation from Senate Banking Committee Chairman Richard Shelby mid-week for the hearing, scheduled for Nov. 5 at 10 a.m. The regulators are expected to discuss the effects of the economy on their industries, changes resulting from the Gramm-Leach-Bliley Act, capital adequacy, and the function of the regulatory structure.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.