ARLINGTON, Va.—Credit unions can expect a busy week in Washington, with a variety of financial services-related topics coming to the fore in hearings this week, according to NAFCU. The House Financial Services Committee will be marking up a bill on housing needs resulting from Hurricane Katrina. Another panel will also be exploring remittances to Central and South America, and House Financial Services Chairman Barney Frank has called a hearing executive compensation issues. NAFCU’s Brad Thaler noted that with the Katrina-related bill expected to be a long mark-up, the expected hearing on subprime mortgages has been postponed.
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