WASHINGTON (3/16/16)--A draft fiscal year 2017 budget from the U.S. House Budget Committee contains a number of other items of interest to credit unions.
The proposed budget contains a measure that would prohibit Fannie Mae and Freddie Mac guarantee fees from being used to offset other funding; another would prohibit Federal Reserve dividends from going to banks.
The financial services section also calls for:
The draft budget will be marked up today in committee, starting at 10 a.m. (ET). It will be streamed live on the committee’s website.