Credit union trade groups are voicing their support for newly introduced legislation that would require the NCUA to provide a detailed analysis of how funds in the Share Insurance Fund are used. H.R. 5869 [...]
In less than four months voters across our country will elect a new president. Thus far, the election process leading up to each party’s convention has been one of the most hard hitting, controversial [...]
The House late Thursday passed a financial services spending bill that cuts funding for the Internal Revenue Service and the Securities and Exchange Commission. The measure was approved by a largely party-line vote of 239 [...]
The Senate and House of Representatives are in their home districts and states this week and the House will remain out next week as well. During this time, NAFCU is encouraging its members to reach [...]
The Cybersecurity Information Sharing Act (CISA) is a strong step toward improving cybersecurity, but further steps are needed, CUNA and its partners told Senate leadership in a letter sent Tuesday. The bill, (S. 754), requires [...]
The House Financial Services Committee on Thursday approved legislation that would extend share insurance coverage to all of the underlying owners of funds held by lawyers in trust accounts and realtors in escrow accounts. The [...]
Senate Banking Committee Chairman Tim Johnson, D-S.D., said during a hearing attended by NAFCU Tuesday that private capital could have a larger role than it does now in the housing finance market. “At the [...]
by Henry Meier All you credit union and banking executives having your first cup of coffee this morning can sip it knowing you are a bit more secure from frivolous lawsuits. Yesterday, the Governor’s [...]
House Financial Services Committee Vice Chairman Gary Miller (R-Calif.) will soon unveil anticipated legislation that will open formal discussions in the U.S. House about possible regulatory relief measures for credit unions and community banks. [...]
Sen. Mark Udall (D-Colo.) today reintroduced legislation that would increase the credit union member business lending (MBL) cap to 27.5% of assets, from the current 12.25%-of-assets level. Credit Union National Association President/[...]
by Gary Rivlin The mood was triumphant on the morning of July 21, 2010, when Barack Obama, not quite two years into his presidency, strode to a podium inside the Ronald Reagan Building, a few [...]
Credit Union National Association President/CEO Bill Cheney today commended Rep. Blaine Luetkemeyer (R-Mo.) for introducing legislation that would address several regulatory burdens facing credit unions and community banks. "This legislation is a good first [...]
Legislation that would improve the federal examination process for credit unions and other financial institutions was introduced on Monday, first in the U.S. Senate and then hours later in the House, and Credit Union [...]
Credit Union National Association witness Pamela Stephens will target the "crisis of complexity" that burdensome regulations have created for credit unions and offer an extensive list of CUNA-backed reforms during Wednesday's House Financial Services subcommittee [...]
by Katie Marisic, NAFCU’s Director of Political Affairs Dodd-Frank, which created the CFPB, was passed without much deliberation (and without NAFCU’s support) and is responsible for many of the issues credit unions are [...]
