Check out Credit Union Times Editor-in-Chief Sarah Snell Cooke's brand new podcast, live from NAFCU's Annual Conference in San Diego ...

WASHINGTON -- Any effort to improve the way financial services are regulated should include giving credit unions a risk-based capital system because it would benefit consumers, CUNA President Dan Mica wrote chairman and ranking Republican of the House Financial Services Committee.

WASHINGTON -- Despite their recent problems in light of the subprime crisis, Fannie Mae and Freddie Mac are "adequately capitalized," Treasury Secretary Henry S. Paulson told lawmakers today.

DALLAS -- Texas Credit Union Commissioner Harold Feeney said his agency is working closely with the $2 billion Texans Credit Union after the institution has taken substantial hits in its construction and development portfolio.