Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (05/09/2011)
* WASHINGTON (5/10/11)--Republicans are considering multiple strategies to block a recess appointment of the Consumer Financial Protection Bureau director position. A recess appointment was virtually guaranteed when 44 Republican senators last week signed a letter declaring their intention to block any nominee, without several significant changes to the bureau. However, Republican lawmakers are considering tactics to prevent a recess appointment or make it much less appealing to President Barck Obama. Republicans may hold short sessions during which no business is conducted, known as pro forma sessions, which prevent the Senate from being considered in recess. Or, if Obama made a recess appointment for the CFPB director, Republicans could hold up any other financial services nominees. Among the nominations still to be named are the heads of the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency …


RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
17 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
19 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
20 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
21 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
21 hours ago