Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Creating the Consumer Financial Protection Agency is bad policy; carving out for smaller institutions is even worse. The CFPA, as noted by numerous (and I might add Republican) members of Congress at NAFCU’s Congressional Caucus, would separate consumer protections from safety and soundness. This is exactly what led to the demise of Fannie Mae and Freddie Mac.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.