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News Now

Washington
Congress this week Three hearings to watch
WASHINGTON (2/9/10)—Although the schedule in the U.S. Congress should be viewed as tentative this week as Washington, D.C. digs out from its historic snowstorm, the Credit Union National Association (CUNA) will following several hearings on both sides of the Capitol. Of particular note, Ronald Covey, President/ CEO of St. Mary's Bank CU, Manchester, NH, is among the witnesses scheduled to testify Thursday at a House Financial Services Committee/ House Small Business Committee joint hearing on the “Condition of Small Business and Commercial Real Estate Lending in Local Communities Other hearing of note to credit unions include:
* On Wednesday, the House Small Business Committee will conduct a hearing on the Small Business Administration's budget for fiscal year 2011. SBA Administrator Karen Mills is scheduled to testify; and * Also, on Wednesday, the Senate Banking Committee subcommittee on security and international trade and finance has scheduled a hearing on “Equipping Financial Regulators with Tools Necessary to Monitor Systemic Risk.”


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