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
#NewsNow: CU leagues of 5 states call for merchant breach accountability http://t.co/lnmpna8AoV
10 hours ago
Worker's CU, Fitchburg, Mass., was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award
11 hours ago
.@Servicecu was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award.
11 hours ago
SACU of San Antonio was 1 of 5 CUs honored with a 2014 @CUNA Technology Council Excellence in Technology Award
12 hours ago
Credit report tips from @CUNA's Susan Tiffany at @RISMediaUpdates http://t.co/ezefKXwWjw
12 hours ago