Bill would kill the present regulation and mandate how another would need to be developed.
Democrats in the House ask the CFPB's inspector general to investigate allegations of employee discrimination. The NCUA is questioned, too.
Schumer, Gillibrand say few Sandy victims knew of one-year deadline for challenging settlements.
California Democrat Maxine Waters to replace Barney Frank as panel's ranking minority party member. Texan Hensarling to chair.
Although some of the names are still unofficial, party choices for Senate committees that affect credit unions are starting to emerge.
On a party-line vote, the Senate Banking Committee voted to confirm former Ohio Attorney General Richard Cordray to be the first director of the Consumer Financial Protection Bureau.
NCUA Board Member Gigi Hyland doesn’t have to order a moving van any time soon. Even though her term on the board expired on Aug. 2, President Obama hasn’t nominated anyone to succeed her.
All three picks have promised to protect entitlements while Republican members continue opposition to tax hikes.
WASHINGTON - Senate Minority Leader Mitch McConnell threw cold water on the likelihood that the Senate might revisit the interchange amendment that was passed as part of last year's financial overhaul bill.
Sen. Joseph Lieberman (I-Conn.), who has worked to help credit unions achieve several of their legislative goals, announced today that he won't run for a fifth term next year.