WASHINGTON - (03/14/05) -- The House will take up thebankruptcy reform bill this week, just days after it was passed bythe Senate. House leaders will aim to keep the bill as close to theone passed by the Senate last Thursday in order to avoid aSenate-House conference where the bill got caught up each of thelast two congresses when leaders tried to reconcile separateversions of the measure. "At this point, I don't think there'sanything in there that the House can't accept," said JohnMcKechnie, chief lobbyist for CUNA. A representative of the HouseJudiciary Committee told The Credit Union Journal Friday the panelwill hold a mark-up, or drafting session, on the bill, probablyWednesday, before they vote to send it to the full House for avote. Congressional leaders hope to vote final passage in earlyApril, after which it would be sent to to President Bush, who hasvowed to sign it into law.
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The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.
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The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.
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The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.
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Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.
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The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
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