The Senate could vote again as early as today to attempt to begin consideration of a regulatory overhaul bill.
Lawmakers are trying to break a legislative logjam on the measure, which Republicans and some Democrats contend will allow for taxpayer bailouts of financial firms that are considered too big to fail. A proposal to begin debate was defeated yesterday, mostly along party lines.
The provisions of the measure most impacting credit unions, the creation of a new entity to regulate consumer financial products, have not been among the major sources of controversy.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.
Already have an account? Sign In
© 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.
