Two members of the Senate Banking Committee called for board/commission oversight of the Bureau of Consumer Financial Protection during the confirmation hearing of Kathleen Kraninger, President Donald Trump’s choice to lead Bureau.
In a Thursday vote, the House approved H.R. 6147, the Financial Services and General Government Appropriations Act for Fiscal Year 2019. CUNA supports the legislation as it continues to build upon CUNA’s Campaign for Common-Sense Regulation.
WASHINGTON (6/17/15, UPDATED 5:38 p.m. ET)--The House Appropriations Committee has adopted language by voice vote that reflects the concerns of CUNA and credit unions regarding the National Credit Union Administration's continuing work to issue a risk-based capital regime for credit unions.
The Federal Open Market Committee's policy statement, released at the conclusion of its two-day policy-setting meeting today, gave no indication as to when the central bank will raise short-term interest rates.
For nearly 100 years, credit unions have provided credit in good times and bad to their members, including those who own small businesses. Credit unions’ support included providing small business loans during the recent financial crisis when banks dropped the business lending ball. But credit unions’ ability to support those members is jeopardized unless the U.S. Congress passes H.R. 1188, the Credit Union Small Business Jobs Act, CUNA told a key House subcommittee Tuesday.
When two dangerous inmates escaped from Clinton Correctional Facility in upstate New York last week, it engulfed the whole region in turmoil, as hundreds of law enforcement officers flooded the area to track down the still-missing criminals.