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"We are partially at fault for that, we should have been ready to act sooner," the NCUA board member says, referring to the taxi crisis.

The NCUA is proposing to increase the percentage of nonmember and "public unit" shares from 20% to 50%.

The federal agency claims a California-based credit union retaliated against two of the three CU professionals vying for the CEO job.

Two new bills will deliver more data breach enforcement, stronger consumer data protections and an international reach.

"What makes all this more troubling is that regulators appeared to be aware of risky lending practices years earlier."

The agency says it was extending the deadline to "facilitate the ability of commenters to consider the issues raised" in the proposal.