Posted on

Credit unions applaud bipartisan reform bill on FHLB membership

We urge you to preserve the member business-lending rule of the National Credit Union Administration (NCUA). In 1998, then-President Bill Clinton signed legislation that unwisely capped the amount of business loans credit unions may make to members to 12.25 percent of the credit unions’ assets.

The Credit Union National Association (CUNA) represents America’s credit unions and their 110 million members. We thank the Senate and the House for passing S. 2155, the Economic Growth, Regulatory Relief and consumer protection act, and look forward to the President signing this bill into law very soon.

Initial jobless claims rise by 12K to 293K  · We’ve seen wages gradually gain traction in this tightened labor market, with a typical rise of late around 0.3% month over month. Should this begin to ratchet up higher sooner, it would be a key indicator of inflation for the U.S. economy. Also this Thursday, initial jobless claims data has.Federal mortgage fraud task force subpoenas 11 banks That’s how long the American people and 11 million underwater homeowners have waited for President Barack Obama and his federal mortgage task force to get to work. Story Continued Below The.

Credit unions applaud bipartisan reform bill on fhlb membership trey Garrison was a Senior Financial Reporter for His body of works are his views and his views alone.

“And if a bill comes to my desk that tries to. mood surrounding Obama’s first State of the Union address to a Congress where Republicans control both houses. Mixed among the family members and.

The Credit Union National association represents americas credit unions and their 110 million members. We applaud the good faith effort to craft common-sense regulatory reform legislation.

A bipartisan group of two Democrats and two Republicans in the House of Representatives introduced a bill yesterday that would replace the single director of the Consumer Financial Protection Bureau with a five-person commission.

Today, we wrote a letter to House and Senate conferees on the highway transportation bill, in support of Section 75001 and Section 82001 of H.R. 22 (The Surface Transportation Reauthorization and Reform Act of 2015), as passed by the House. These sections, which were offered as an amendment to the bill by House Financial Services Committee Chairman Jeb Hensarling, passed the House by voice vote.

The Federal Credit Union Act requires the information be collected and prescribes.. he would likely support bipartisan legislation that would give states authority over.. Summary outlines FHLB membership rules for non-federally insured CUs.. April 24, 2017 — A financial regulatory reform bill – the focus of a hearing this.

WASHINGTON (AP) – The Latest on President Donald Trump’s State of the Union speech (all times local): WASHINGTON (AP) – The Latest on President Donald Trump’s State of the Union speech (all times.