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
#creditunions celebrate #EarthDay2015 by being green aware with e-statements, hosting shred events, planting trees
13 hours ago
From @WSJ: 33% of companies say it took them more than 1 yr to discover a data breach. http://t.co/a0MxV68X6t http://t.co/lkglx6WvKs
17 hours ago
.@CAMCouncil taps into @MICreditUnions' career, tech training resources http://t.co/sotnfCUgIo
19 hours ago
#Inflation ticks up in March, still relatively flat #NewsNow #Market http://t.co/PyAvwdkJ4M
19 hours ago
#NewsNow Ill. league groups elect board, exec officers http://t.co/KAG8MtbGsv
19 hours ago