WASHINGTON - (08/27/04)-- As may be expected, the two membersof the NCUA Board, Republican JoAnne Johnson and Democrat DeborahMatz, display their political affiliations through theircheckbooks. Records filed with the Federal Election Commission,show Johnson, the co-chair of the Bush for President Campaign inIowa in 2000, has made two political contributions over $200 thiscycle, both to the Bush-Cheney campaign, for a total of $2,000.Matz, a protĚgĚ of Sen. Minority Leader Tom Daschle,has made four donations totaling $4,000 to the election campaign ofthe South Dakota Democrat; a $1,000 contribution to the Kerry forPresident campaign, and a $500 donation to the Dean for Presidentcampaign.
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A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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Two former members of the Federal Open Market Committee said in interviews that they expect the Federal Reserve to keep rates steady amid uncertainty over the ongoing war with Iran and the resulting upward pressure on inflation.
March 27 -
Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
March 27 -
Carter Bankshares in Martinsville, Va., sold more than $200 million of loans made to companies controlled by Sen. Jim Justice and his family, closing out a once close relationship that later descended into rancor and litigation.
March 27 -
The Federal Deposit Insurance Corp.'s Office of Inspector General said in a Thursday report that staffing cuts over the past year could strain supervision and the agency's response to a crisis.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
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