Rep. Gary Miller (R-Calif.) introduced the Regulatory Relief for Credit Unions Act Friday, a bill that would establish a risk-based capital system for credit unions.
“This bill represents a way forward on risk-based capital that we believe can get Congressional support,” said incoming NAFCU President/CEO Dan Berger. Read More
CUNA Chief Economist Bill Hampel said upon the first few reads, a housing finance reform bill introduced Tuesday by Sens. Bob Corker (R-Tenn.) and Mark Warner (D-Va.) appears to address most credit union issues, and overall, CUNA has “very positive inclinations” toward it. Read More