The regulatory overhaul being proposed by House Financial Services Chairman Jeb Hensarling (R-Texas) should be considered a starting point for legislation to repeal the Dodd-Frank Act, CUNA President/CEO Jim Nussle told the House panel Tuesday.
"We think this is a good place to start," Nussle said, in the first hearing on Hensarling plan, dubbed the CHOICE Act. He added, "We know this is a work in progress."
In written testimony, Nussle said that CUNA supports much of the legislation, but is still reviewing the massive plan and will inform the panel of the association's objections.
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.
