WASHINGTON-The national credit union trade associations, in comment letters to the Federal Reserve, wrote that they generally support the electronic disclosures interim rule promulgated by the Fed. The e-disclosure regs became effective March 30 and will become mandatory October 1 under the Electronic Signatures in Global and National (E-Sign) Commerce...

WASHINGTON-In Saturday sessions, the House and Senate approved the conference report for the administration's $1.3 trillion tax cut bill, pared down from the original $1.6 trillion. The House vote was 240 to 154, with 39 not voting, while the Senate approved the measure 58 to 33. Credit union-backed pension reform...

WASHINGTON-President George W. Bush's tax package may receive most of the media coverage, but it's not the only tax relief bill that has been placed before Congress. After months of stalling in the House, legislation to expand subchapter S tax provisions for closely held-those with fewer than 75 stockholders-banks and...

WASHINGTON-Senator James Jeffords (I-Vt.) announced he would leave the Republican party prior to the Memorial Day recess. He would return June 5 officially as an Independent caucusing with the Democrats. The move effectively broke the even split in the Senate to 50-49-1 in favor of the Democrats, and has implications...