Regulatory & Compliance

WASHINGTON-- Despite the woes of the financial markets, the Federal Reserve's Open Market Committee voted unanimously today to keep interest rates the same.

FARMERS BRANCH, Texas -- With attention focused on disaster recovery, the Texas Credit Union League said Tuesday it has canceled its Sept. 18 town hall meeting featuring NCUA Vice Chair Rodney Hood as its key speaker.

WASHINGTON -- Educating consumers about the share insurance program--as a way to reassure people during difficult economic times--will be a top priority of the NCUA during the next year, NCUA Board Member Gigi Hyland told NAFCU's Congressional Caucus today.

HOUSTON -- Scores of Texas credit unions sustained damage, some of it apparently extensive particularly in Galveston, from Hurricane Ike as other CUs began restoring a semblance of normal operations in makeshift sites amid a scene of widespread destruction in Galveston and coastal towns.

WASHINGTON --Regulatory relief for credit unions will help them save the American economic system, and thereby save America, Congressman Paul Kanjorski (D-Pa.) told NAFCU's Congressional Caucus today.

WASHINGTON -- Denial rates for home borrowers based on race widened significantly from 2006 to 2007, according to Sen. Chris Dodd (D-Conn.), chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs. Dodd's office examined Home Mortgage Disclosure Act data recently released by the Federal Reserve.

WASHINGTON -- Denial rates for home borrowers based on race widened significantly from 2006 to 2007, according to Sen. Chris Dodd (D-Conn.), chairman of the U.S. Senate Committee on Banking, Housing and Urban Affairs. Dodd's office examined Home Mortgage Disclosure Act data recently released by the Federal Reserve.

WASHINGTON -- While the issue positions of presidential candidates are important, voters often make their choice based on emotional considerations, NBC News Chief White House Correspondent said in today's keynote address at NAFCU's Congressional Caucus.