Law and regulation

The Senate Banking Committee will likely vote on Todd Harper and Rodney Hood's nominations to the federal regulator, while lawmakers hold hearings on a host of credit union priorities.

Governor JB Pritzker has nominated Deborah Hagan as secretary of the state's Department of Financial and Professional Regulation, where her duties would include overseeing state-chartered CUs.

Todd Harper and Rodney Hood's nominations to the National Credit Union Administration board are not expected to face significant opposition.

Former FHFA Director Mel Watt attempted to coerce an agency employee to engage in a romantic relationship with him, according to an inspector general report.

They all agree that legislation is needed, but the two approaches being offered are exposing tensions.

A Senate confirmation hearing for Todd Harper and Rodney Hood focused on a recent scandal at the National Credit Union Administration, a controversial appraisal rule, regulatory consistency and more.

A potential government shutdoown looms over a busy week in Washington that includes the National Credit Union Administration's monthly board meeting.

A top official at the Office of the Superintendent of Financial Institutions defended tougher underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that regulations could ease if conditions change.

Credit unions are feeling good entering February, following a new nomination to the NCUA board, positive job growth and more.

Harper, a former staffer at the agency, would bring the board to full capacity for the first time in nearly three years if confirmed.