The CFPB has ignored the warnings of small business panels that have raised red flags about the impact rules will have on credit unions and other small businesses, trade groups warned Thursday.
"NAFCU remains concerned that the voice of panelists is not always heard," Brad Thaler, NAFCU's vice president of legislative affairs said, in a letter to the Senate Regulatory Affairs and Federal Management.
The subcommittee was scheduled to hold a hearing Thursday on how to improve small business input on regulations. The CFPB is required to organize small business panels to review the impact of federal rules.
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.
