The NCUA's handling of the corporate credit union crisis will be among the credit union-related topics that the House and Senate banking panels plan to deal with during the next two years.
The Senate Banking Committee plans to provide "continued oversight" of the NCUA's corporate credit union's stabilization efforts, according to the panel's two-year oversight plan issued by Chairman Tim Johnson (D-S.D.).
The House Financial Services Committee's oversight plan calls for the panel to "review issues relating to the safety and soundness and regulatory treatment of the credit union industry. In particular, the committee will examine the failures in the corporate credit union system and evaluate possible reforms to the system and to the National Credit Union Administration."
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