WASHINGTON (6/10/14)--The House Financial Services Committee will mark up six bills relating to the structure and reach of the Consumer Financial Protection Bureau today starting at 10 a.m. (ET). These bills have been supported by the Credit Union National Association in a letter submitted to the committee Monday.
"Credit unions have significant interest in the activities of the bureau because even though credit unions with less than $10 billion in assets are exempt from the Bureau's examination authority, they are not exempt from the bureau's rulemaking authority," wrote CUNA President/CEO Bill Cheney in the letter.
The following House bills will be discussed:
In addition to the bills above, the following drafts will be discussed: