Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (03/28/2008)
* WASHINGTON (3/31/08)—Treasury Secretary Henry Paulson is scheduled to deliver remarks this morning addressing financial institutions and financial markets. The event will be available for viewing via webcast beginning at 10 a.m…. * WASHINGTON (3/31/08)—President George W. Bush participated in a HOPE NOW roundtable Friday followed by a tour of a mortgage counseling facility in Freehold, N.J. HOPE NOW, announced in October 2007 by Treasury Secretary Henry Paulson, is an alliance of mortgage servicers, mortgage counselors, government officials and non-profit groups intended to develop strengthened efforts to help struggling homeowners keep their homes. Bush visited Novadebt, a housing counseling agency approved by HUD and a participant in the HOPE hotline, 888-995-HOPE, which connects homeowners to free counseling services by trained non-profit counselors… * WASHINGTON (3/31/08)—Congress may just be coming back to Washington from a two-week district work break, but the agenda lawmakers face looks an awful lot like their work list from earlier this year. (CongressDailyPM March 27) In the Senate, high on the list during the eight weeks preceding a Memorial Day recess, are the Iraq war and economic issues. Senate Majority Leader Harry Reid of Nevada also intends to revisit the Democrats' housing stimulus legislation. The House schedule for next week is unclear at this time but Democratic leadership sources said legislation providing $50 billion for other countries to combat HIV/AIDS, tuberculosis and malaria is likely to be the only major bill on the floor. * WASHINGTON (3/31/08)—Sen. Barack Obama (D-Ill.), a contender for the Democratic presidential candidacy, said he would back an overhaul of the financial services regulatory system. Among many other ideas, Obama called for a streamlining of regulatory agencies. He said banks and other institutions should be supervised according to their business lines and that the regulatory framework, which he said has failed to protect homeowners, must be brought into the 21st century. (American Banker March 28)… * WASHINGTON (3/31/08)--The Small Business Administration announced Friday it has launched a new website for National Small Business Week 2008, which is April 21-25. The website offers information about the SBA’s annual celebration of small businesses and includes details about events in Washington, D.C. from April 21-23 and in New York City April 24-25. It provides information about the week’s schedule, topical sessions, event locations, award winners’ biographies and sponsor information. In addition, information for Small Business Week award winners will be accessible on member-only sections. The SBA, in a release announcing the website, highlighted an interactive blog feature that will allow sponsors and the public to post content about Small Business Week events. Up-to-the-minute highlights, multimedia content and information will be updated to the Web site during Small Business Week events in real-time, according to the SBA…


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
12 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
13 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
13 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
14 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
16 hours ago