WASHINGTON - (04/20/06) CUNA continued its efforts toprop up key congressional leaders last month with a total of$250,000 in campaign contributions to almost 100 differentcandidates. That included donations to leadership PACs tied to keylawmakers, including AMERIPAC (House Minority Whip Steny Hoyer,D-Md.) $5,000; Rely On Your Beliefs Fund (erstwhile House MajorityLeader Roy Blunt, R-Mo.) $4,000; Growth and Prosperity PAC(Financial Institutions Subcommittee Chairman Spencer Bachus,R-Ala.) $4,000; Citizens For Action(CU Champion Paul Kanjorksi,D-Pa.) $5,000 and The Badger Fund (Rep. Tom Petri, R-Wis.) $500.CUNA has contributed more than $250,000 to such leadership PACsalready in the 2005-2006 elections, and at least as much toindividual campaign PACs run for the benefit of the samecongressional leader. For example, CUNA also gave $5,000 toBlunts individual PAC last month. CUNA also madecontributions in March to: Rep. Richard Baker, R-La., one of thefavorites, along with Bachus, to be the next chairman of theFinancial Services Committee; Rep. Bob Menendez, D-N.J., newlynamed interim Senator from N.J. ($4,000); Ex-California Rep. BrianBilbray, R-Calif., running to succeed Duke Cunningham, who wasconvicted on corruption charges ($5,000); Reps. Steven LaTourette,R-Ohio ($4,000); Max Burns, R-Ga. ($5,000) and Todd Akin, R-Mo.($5,000).
-
The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
45m ago -
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
2h ago -
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
2h ago -
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
4h ago -
The state's comptroller of public accounts is one of several notable non-depositories with access to the Fed's payments system, along with the Chicago Mercantile Exchange and the Tennessee Valley Authority. So why do they have accounts while some neobanks don't?
4h ago -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
4h ago