Credit union taxation and opposition to raising the MBL cap among talking points.
WASHINGTON — The Senate Banking Committee also delayed mark-up of the Corker-Warner GSE reform bill.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
The first female chairman of the Federal Reserve was easily confirmed in the Senate by a 59-26 vote.
Fed nominee says larger banks in line for more regulation.
In Senate hearing Tuesday, agency director also defends $95 million cost of CFPB building work.
Sessions, Corker, Cornyn, Roberts speak out on Fed nominee. "Ms. Yellen subscribes to the liberal school of thought."
President Barack Obama laid out his initiative to reform the secondary mortgage market in a speech on Aug. 6 that trash talked Fannie Mae and Freddie Mac and voiced support for a Senate bill that would wind down the government sponsored enterprises and replace them with a mostly privatized system.
President's new plan resembles Senate measure to wind down Fannie and Freddie.
Hampel will appear at first hearing on Senate GSE Reform legislation.