NEW YORK - (09/03/04) -- A small group of about 16 lobbyistsdined with California Congressman Ed Royce Wednesday night atBeppe's Italian restaurant, in a tribute to the chief sponsor ofthe credit union regulatory relief bill, known as CURIA. CUNAlobbyist Gary Kohn, who attended the fete, told The Credit UnionJournal that Royce relayed his commitment to working for the bill'spassage in the next Congress. Kohn told Royce that several morelawmakers have pledged to CUNA to add their names to the 65sponsors already signed to CURIA, after this fall's elections.Later in the night, in a nationally televised incident Kohn andMontauk CU President Lou Jimenez got tangled in a vortex of SecretService agents removing a protester from in front of Vice PresidentDick Cheney inside the Convention hall.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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