Delivering NAFCU’s ninth congressional testimony of the year, Brian Ducharme, president and CEO of MIT Federal Credit Union (Cambridge, Mass.), today will detail credit unions’ concerns about the NCUA’s risk-based capital rule (RBC) and the rule’s impact on his institution during a House Financial Services subcommittee hearing.
The hearing, “Legislative Proposals for a More Efficient Federal Financial Regulatory Regime: Part II,” held by the Subcommittee on Financial Institutions and Consumer Credit, begins at 2 p.m. Eastern.
In his prepared testimony, Ducharme will share with subcommittee members NAFCU’s five tenets for a healthy and appropriate regulatory environment for credit unions and the ways in which many of the legislative proposals under review today fall in line with the association’s priorities.
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