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Officials are also creating a $1 billion PPP fund for sole proprietors, independent contractors and self-employed people.
A new administration ushers in a reverse course to the CFPB from the past four years.
Former NCUA Chairman Rodney Hood takes to Twitter to air grievances about former Board Member J. Mark McWatters.
CUNA, NAFCU and NASCUS appear to all be on the same page in opposing the premium.
Harper announces that Monica Davy, director of the Office of Minority and Women Inclusion, is leaving the NCUA.
Credit unions and trade organizations openly support the NCUA's proposal. Harper has openly voiced his opposition.
"We have concerns regarding the consumer complaint data and information available to examiners for subsequent review."
NAFCU's Curt Long predicts the equity ratio will be around 1.26%. A full SIF update is expected Thursday.
New NCUA Chairman Todd Harper hosts a webinar to discuss priorities.
Bankers say the proposal by the NCUA would allow an illegal expansion of credit union fields of membership.