Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (02/28/2011)
* WASHINGTON (3/1/11)--A U.S. Treasury Department official said recently that while new financial regulations can help decrease the impact of a future financial crisis, they cannot prevent its occurrence. David Miller, chief investment officer for Treasury's Office of Financial Stability, called it “folly” to think a future crisis can be avoided or that threat of a future recession can be eliminated. Miller’s division oversees the Troubled Asset Relief Program (American Banker Feb. 28) … * WASHINGTON (3/1/11)--Representatives from the finance industry and D.C.-based think tanks will testify alongside Credit Union National Association (CUNA) President/CEO Bill Cheney at a Wednesday hearing on the Dodd-Frank Act’s impact on credit unions, small financial institutions, and other small businesses. In a Monday statement, House financial institutions and consumer credit subcommittee leader Rep. Shelley Moore Capito (R-W. Va.) noted that she is hearing “concerns from small institutions about the unintended consequences that could adversely affect them.” Capito said that the Wednesday hearing will give small issuers and small businesses alike a chance to shed some light on how Dodd-Frank implementation is impacting their business practices. The hearing will start at 2 p.m. (ET) ...


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
5 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
6 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
6 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
7 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
8 hours ago