Senate Banking to vote reg. relief measures May 14
April 16, 2015
WASHINGTON (4/17/15)--The U.S. Senate Banking Committee will hold a full committee markup on regulatory relief matters May 14, according to the committee's schedule that was released Thursday.
While it's unclear what will be discussed at the meeting, CUNA has testified before the committee in recent months with dozens of regulatory relief suggestions to aid credit unions in better serving their members.
Previous to a Feb. 12 hearing in which CUNA testified on the need for regulatory relief, the Senate Banking Committee conducted a hearing with federal financial regulators seeking input on potential regulatory relief solutions as well.
CUNA is also working to collect real-life examples of regulatory burden to submit to the Senate Banking Committee, as requested by the committee at the February hearing.
The markup is scheduled to begin at 10 a.m. (ET) May 14.