WASHINGTON — House Speaker John Boehner promised that the Housewill work hard to ease the regulatory burden so credit unions canlend more money and businesses can create new jobs.

The financial overhaul bill that was passed last year “willpunish everyone who had nothing to do with the Wall Street crash,”Boehner (R-Ohio) said in a speech at CUNA’s Governmental AffairsConference.

He said the regulations triggered by the law would hurt creditunions' ability to provide credit.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.