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
Inside Washington (12/19/2011)
  •  WASHINGTON (12/20/11)--President Barack Obama on Friday nominated Dick Berner for director of the Treasury Department's new office of financial research. Berner is currently counselor in the Treasury's office of research and quantitative studies. He was a member of the economic advisory panel of the Federal Reserve Bank of New York, a panel of economic advisers of the Congressional Budget Office, the executive committee of the board of directors of the National Bureau of Economic Research, and the advisory committee of the Bureau of Economic Analysis …
  • WASHINGTON (12/20/11)--The expected adoption of global rules laid out in Basel, Switzerland, would be a defeat for large U.S. banks that contended the guidelines were too strict. The Basel rules require large financial institutions to hold extra capital. Financial institutions argue that the requirements will prompt them to reduce lending and hurt the economy (The Wall Street Journal Dec. 19). The requirements are designed to end the "too big to fail" model that was critical in causing the financial crisis of 2008. The Basel committee has designated eight systemically important U.S. banks that are required to hold extra capital, but they have not indicated how much capital each bank would be required to carry …


RSS





print
News Now LiveWire
.@LACULeague in @DailyComet: #creditunions' "old" benefits attractive to new generation http://t.co/AzOv3nB7IB
6 hours ago
At @FTC request, court halts operations of an alleged debt-relief scammer calling itself “FTC Credit Solutions.” http://t.co/qMsDBmKExH
11 hours ago
.@daytondailynews : The secret is out about #creditunions http://t.co/Aqu3pFTROV @DayAirCU @CODECreditUnion
11 hours ago
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
13 hours ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
13 hours ago