WASHINGTON - (02/21/05) -- CUNA aid it made the maximum $15,000contribution last month to seven political entities affiliated withthe two major political parties, a total of $105,000 it contributesto the political parties as a matter of course every year. Themaximum allowable $15,000 annual contributions went to: TheRepublican National Committee, National Republican SenatorialCommittee, National Republican Congressional Committee, DemocraticNational Committee, Democratic Senatorial Campaign Committee andDemocratic Congressional Campaign Committee, as well as theRepublican Governors Association. The biggest contributions inJanuary went to: Richard Baker, R-La., chairman of the HouseFinancial Services Subcommittee on Government Sponsored Enterprises($5,000); and Reps. John Lewis, D-Ga. ($5,000); Ed Bryant, R-Tenn.($5,000); and Ed Royce, R-Calif.($4,000); The leading credit unionPAC also contributed $5,000 to The Prosperity PAC, which supportsconservative Republicans.
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The former New York governor will chair a new effort aimed at tokenizing financial products on chain and bringing 24/7 digital trading to NYSE-listed assets.
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The service is an alternative to an IPO or a special-purpose vehicle, the bank says.
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The Bank of England's new guidance changes restrictions following criticisms and concerns about U.S. dominance.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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