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Senator Mike Rounds, a Republican from South Dakota. Photographer: Zach Gibson/Bloomberg

Sen. Mike Rounds (R-S.D.) is making a last-ditch attempt to delay the NCUA’s Risk-Based Capital rule for an additional year.

The bill is identical to a House measure that was included in several pieces of legislation that passed this year, a Rounds spokesperson said. The bill still could stall in the Senate, since opponents could force a 60-vote majority vote to even consider it.

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David Baumann

 

Credit Union Times

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