Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Congress this week Consumer protection discussions
WASHINGTON (7/14/09)--Debate on President Barack Obama’s proposed Consumer Financial Protection Agency will continue this week with Assistant Treasury Secretary for Financial Institutions Michael Barr testifying before the Senate Banking Committee during a Tuesday hearing. State government officials, industry insiders, and public policy advocates will testify during the hearing, and the Credit Union National Administration is considering submitting a prepared statement for the hearing. The Senate Banking Committee will also address foreclosure prevention during the week, with Treasury Assistant Secretary for Financial Stability Herbert Allison scheduled to testify. The House Financial Services committee will discuss regulatory reforms in more general terms later in the week, with separate hearings for banking insiders, community and consumer advocates and a hearing to discuss “industry perspectives” set for Wednesday, Thursday, and Friday, respectively. The House will also debate the contents of its Financial Services and General Government Appropriations bill. As currently written, the bill would allow the National Credit Union Administration's Central Liquidity Facility to maintain its maximum amount of $40 billion through the 2010 fiscal year and would increase funding for the U.S. Treasury Department's Community Development Financial Institutions fund and the Small Business Administration's business loan account.
Other Resources

RSS





print
News Now LiveWire
.@TransUnion: #millennials climbing into driver's seat with loans http://t.co/S4H9OIB3Av
42 minutes ago
Breaking at #NewsNow: @CUNA backed bill introduced by @RepEdRoyce @GregoryMeeks would raise MBL cap. #CUSmallBiz http://t.co/ZDAb2UMoQz
2 hours ago
Loan growth at federally insured #creditunions in 2014 climbed to highest level since 2005, @TheNCUA reported today. Watch News Now Tues.
2 hours ago
.@Bankrate's top #creditunion survey hits @TIME http://t.co/xcMer497TN
2 hours ago
.@fileneresearch IDs 5 challenges for #women in #creditunion leadership http://t.co/GAYbw2dcCl
4 hours ago