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
Rep. Frank credits CUs role iWashington Posti
WASHINGTON (9/29/09)--Calling credit unions “responsible and thoughtful citizens,” House Financial Services Committee Chairman Barney Frank (D-Mass.) in Sunday’s Washington Post said that those financial institutions played no part in the abuses that created the need for the current financial regulatory debate that continues in Congress. “If we only had community banks and credit unions, we wouldn't be in this problem,” Frank added, noting that these financial institutions have strength in numbers “because they're in everybody's district." Frank and fellow Rep. Carolyn Maloney (D-N.Y.) recently announced legislation what would move up the date that Credit Card Accountability, Responsibility and Disclosure (CARD) Act provisions go into effect to December from the previous effective date of February, and Frank has said that the House could pass this legislation in the coming weeks. Frank and his House and Senate colleagues also continue their work on financial regulatory reform, which Frank has said could be completed by the end of October.


RSS





print
News Now LiveWire
Registration now open for @CUNA @WOCCU summer conference in Denver July 12-15 http://t.co/opq1jypsXL #ACUC #CUinDenver2015
8 hours ago
Emergency loans post- #Blizzard2015 offered by @ScientFCU in Conn. http://t.co/U9tIBzPOZV
8 hours ago
Did you get your spot in the @CUCB #CherryBlossom 10 Mile Run? Check lottery results here http://t.co/6rxT0osyWJ @CU4Kids @CMNHospitals
8 hours ago
@FamilyFirstFCU has implemented a grant program through the FHLB of NY to help first-time home buyers.
9 hours ago
#BREAKING: @federalreserve offers few new hints on rate-hike timing in policy statement http://t.co/lgZ6zZ1Vrr
10 hours ago