U.S. Capitol, Washington, D.C. (Source: Shutterstock)
A NAFCU member will testify Tuesday before a House subcommittee about rules that require credit unions to report information about small business loan applications.
The CFPB began the process of establishing the rule in 2017, which Congress required the agency to make under the Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted in 2010 to prevent the kind of banking abuses that led to the Great Recession.
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