Two subcommittees of the House Financial Services Committee are likely to hold a hearing next month on the problems facing corporate credit unions and the NCUA's proposal for creating a temporary stabilization fund, several sources told Credit Union Times.
No date has been set for the hearings, which would likely take place after the Senate considers the NCUA's proposal, which could take place later this month.
The Subcommittee on Financial Institutions and the Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises are likely to combine forces to hold the hearing.
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