Search
 

Nov. 21 Adjournment Forcing FCRA Conference to Move Quickly

WASHINGTON-Nineteen Representatives were recently named to the House-Senate conference on the Fair Credit Reporting Act renewal legislation in addition to the seven previously appointed Senators. House conferees include House Financial Services Committee Chairman Mike Oxley (R-Ohio), Ranking Member Barney Frank (D-Mass.) and Representatives Doug Bereuter (R-Neb.), Spencer Bachus (R-Ala.), Michael...

By Staff Writer | Updated on November 18, 2003

WASHINGTON-Nineteen Representatives were recently named to the House-Senate conference on the Fair Credit Reporting Act renewal legislation in addition to the seven previously appointed Senators. House conferees include House Financial Services Committee Chairman Mike Oxley (R-Ohio), Ranking Member Barney Frank (D-Mass.) and Representatives Doug Bereuter (R-Neb.), Spencer Bachus (R-Ala.), Michael Castle (R-Del.), Ed Royce (R-Calif.), Bob Ney (R-Ohio), Sue Kelly (R-N.Y.), Paul Gillmor (R-Ohio), Steve LaTourette (R-Ohio), Judy Biggert (R-Ill.), Pete Sessions (R-Texas), Paul Kanjorski (D-Pa.), Bernie Sanders (I-Vt.), Maxine Waters (D-Calif.), Mel Watt (D-N.C.), Luis Gutierrez (D-Ill.), Darlene Hooley (D-Ore.), and Dennis Moore (D-Kan.). “From all reports, they think it’s going to move pretty quickly, possibly even within one day, but we’ll have to see. There are some differences between the two bills, obviously,” CUNA Vice President of Legislative Affairs and Senior Legislative Counsel Gary Kohn remarked. Two of the biggest issues, according to NAFCU Director of Legislative and Political Affairs Brad Thaler, will be the affiliate sharing restrictions, which are not addressed in the House bill, and a provision in the House language to keep states from writing stricter identity theft requirements for credit bureaus and financial institutions in six different areas. He added that the staffs of the conferees would be working on the legislation late last week and he expects a conference report out by early this week. The Senators on the conference committee include Senate Banking Committee Chairman Richard Shelby (R-Ala.), Ranking Member Paul Sarbanes (D-Md.), and Senators Robert Bennett (R-Utah), Wayne Allard (R-Colo.), Mike Enzi (R-Wyo.), Chris Dodd (D-Conn.), and Tim Johnson (D-S.D.).

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.