adminThe Senate voted last night 52-48 (party line, 52R to 46D and 2I) to begin formal debate on the tax reform bill. This sets the stage for a vote on final passage later this week. League sources say here’s what’s going to happen now: The Senate will...
Florida Congressman Bill Posey (R-Rockledge) has introduced legislation that would repeal the NCUA’s risk-based capital (RBC) rule. Since the RBC rule was finalized last year, credit unions throughout the country have expressed their concerns to the...
The Federal Reserve Board on Friday extended the comment periods for two related proposals until Feb. 15, 2018. One would enhance the effectiveness of boards of directors. The other would implement a new ratings system for large financial...
CUNA’s National Awards Committee recently selected the recipients of the 2017 Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy-in-Action Member Service Award, and the Desjardins Awards for Financial Education...
On Tuesday, Nov. 28, a U.S. District Court judge in Washington ruled in favor of the Trump administration’s choice to install White House Budget Director Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. The...
The Senate Budget Committee on Tuesday advanced the chamber’s GOP tax bill by a vote of 12-11, sending the measure to the Senate floor, where the bill could start to be considered as early as Wednesday. Trump visited the Senate...