The Dodd-Frank Act in its current state will be detrimental to all consumers, the group said, not just to credit union members.
The credit union leaders expressed their support for the bill H.R. 1081, which U.S. Rep. Shelley Moore Capito (R-W.Va.) has proposed to delay the Fed's rule. Five congressional representatives from New York have already signed on as co-sponsors of the bill.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 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.