Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CUNA Witness Will Testify On Reg Burden Today
WASHINGTON (12/4/13)--Credit union concerns regarding regulatory burden will be heard when Rose Bartolomucci, president/CEO of Towpath CU, a state-chartered, privately insured credit union in Akron, Ohio, testifies before the House Financial Services subcommittee on financial institutions and consumer credit today.

Bartolomucci is testifying on behalf of her credit union and the Credit Union National Association during the hearing, which is scheduled to begin at 10 A.M. (ET).

The hearing will focus on:
  • A bill to require federal financial regulators, including the National Credit Union Administration and Consumer Financial Protection Bureau, to assess whether proposed rules are duplicative or inconsistent with other federal rules, to take steps to address the duplication or inconsistency, and report to Congress within 60 days of issuing the rules;
  • A CUNA-supported bill that would permit privately insured credit unions to join a Federal Home Loan Bank; and
  • A bill that would adjust the CFPB's rural designation to align with the definition used by the U.S. Department of Agriculture.
Watch News Now for live coverage of today's hearing.


RSS print
News Now LiveWire
Va. #creditunion league breaks ground on new HQ #NewsNow http://t.co/Cn24i1hOHV
53 minutes ago
NJ Lt Gov Kim Guadagno shares her #creditunion story at @NJCUL convention #NewsNow http://t.co/2B7QiuUK9p
1 hours ago
#NewsNow: 2013 mortgage data shows 14.8 mil applications, 2.8 mil purchases and more. http://t.co/DId2VFrsEr
2 hours ago
The story of @allegiancecu's Florence Rogers is captured in expanded OklaCity bombing memorial via @WSJLife http://t.co/CmF0xfPcJ4
2 hours ago
.@VACUL breaks ground for new HQ in Richmond #NewsNow http://t.co/cOC0rqqJ9o
3 hours ago