WASHINGTON — Rep. Mick Mulvaney (R-S.C.) said he disagreed with the CFPB's decision to spend more than $5 million to retroactively raise employee performance ratings from the last two years.
Our elected officials talk a good game, but where are the votes?
WASHINGTON — Rep. Blaine Luetkemeyer (R-Mo.) criticized the agency for not wanting any oversight.
The final risk-based capital rule must avoid unintended, negative consequences.
Legislative add-on that would have delayed the risk-based rule's implementation fails to advance past committee.
Two congressmen with records of backing bills that would benefit credit unions added to NAFCU rostrum roster.
Jerry Reed, chief lending officer from the $5.3 billion Alaska USA FCU, told lawmakers during a June 18 hearing on the Consumer Financial Protection Bureau’s qualified mortgage rule that products and product features were responsible for the mortgage market meltdown, not underwriting standards.
WASHINGTON — Alaska USA FCU's chief lending officer talks CFPB qualified mortgage rule fears with House panel.
Missouri Rep. Blaine Luetkemeyer's bill doesn't mention credit unions but would provide some regulatory relief, trades say.