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NCUA’s borrowing authority would be raised from $100 million to $6 billion and it would receive an additional $18 billion in emergency borrowing authority under the provisions of an amendment that the Senate Banking Committee is scheduled to consider tomorrow.

Sens. Michael Crapo (R-Idaho) and Bob Corker (R-Tenn.) are planning to offer an amendment containing those provisions and one that would give the NCUA five years to replenish the NCUSIF if its equity ratio drops below 1.2%, during discussion of a bill that would overhaul the rules regarding credit cards.

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