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
High government spending a concern Moore Capito
WASHINGTON (3/3/11)--Rep. Shelley Moore Capito (R-W.Va.) believes concern about runaway government spending is starting to seep into average American households. She said it is due in part to the economic recession, which has made more citizens budget conscious. “The good thing about American families is they know what we are up against in Washington,” she told a morning general session of the Credit Union National Association’s (CUNA) 2011 Governmental Affairs Conference. “They know from their own experiences,” said Capito, who is a member of the House Financial Services Committee. “We are creating debt as far as the eye can see,” she added. Capito said CUNA can make a meaningful contribution in the area of fiscal responsibility because of its role as “one of the most forceful and effective lobbies on Capitol Hill.” During the speech, she also was critical of the proposed new Consumer Financial Protection Bureau, questioning whether it might stifle the financial sector. “It would mean that we will have nine different agencies overseeing banks, and various types of financial institutions,” she said.


RSS





print
News Now LiveWire
#creditunions celebrate #EarthDay2015 by being green aware with e-statements, hosting shred events, planting trees
12 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
16 hours ago
.@CAMCouncil taps into @MICreditUnions' career, tech training resources http://t.co/sotnfCUgIo
17 hours ago
#Inflation ticks up in March, still relatively flat #NewsNow #Market http://t.co/PyAvwdkJ4M
17 hours ago
#NewsNow Ill. league groups elect board, exec officers http://t.co/KAG8MtbGsv
18 hours ago