Posts Tagged ‘Government Accountability Office’

Bankers attack credit unions’ tax status

Bankers attack credit unions’ tax status

In a letter to the House Ways and Means Committee Chairman, American Bankers Association President/CEO Rob Nichols (pictured) took aim at credit unions’ tax status. In the letter to Rep. Kevin Brady (R-Texas), Nichols [...]

Senators Again Try To Replace Dollar Bill With Coin

Senators Again Try To Replace Dollar Bill With Coin

by Ananth Baliga WASHINGTON – Remember the Susan B. Anthony $1 coins of the 1970s? And the 1990s version – the Sacagawea coin? Consumer advocates and five senators think it's time to give the $1 coin another [...]

Credit Unions Are The Better Value For ATM Users

Despite incurring higher costs per ATM owned, credit unions surcharge members less for out-of-network ATM use than banks charge their customers, according to a Government Accountability Office report released Thursday. NAFCU President and CEO Fred [...]

Coordination Improves But Slows Dodd-Frank Rules

Financial regulators told the Government Accountability Office that they think coordination in their Dodd-Frank Act rulemakings has improved the quality of those rulemakings but has slowed the process to finalization – all in all not a [...]

A Real Jaw Dropper at the Federal Reserve

A Real Jaw Dropper at the Federal Reserve

by Sen. Bernie Sanders At a Senate Budget Committee hearing in 2009, I asked Fed Chairman Ben Bernanke to tell the American people the names of the financial institutions that received an unprecedented backdoor bailout [...]

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