Regulatory & Compliance

WASHINGTON - White House spokeswoman Dana Perino said today that the Bush administration may reverse its opposition to using money from the Troubled Asset Relief Program to help Chrysler, Ford and General Motors.

ALEXANDRIA - The NCUA Board is scheduled to issue final rules to allow CUSOs to undertake additional activities and changes in credit card practices at its meeting next Thursday.

WASHINGTON - Credit union employees and volunteers who want to learn more about NCUA's plan to help homeowners having trouble with their mortgages can participate in a web seminar next Tuesday sponsored by NAFCU.

ALEXANDRIA, Va. - Homeowners and corporate credit unions will get help under programs unveiled today by NCUA.

WASHINGTON - Congress could consider a rescue plan for the sagging auto industry during what it hopes will be its final meeting this year.

WASHINGTON - Citing the pressure that many credit unions are facing because of the economy, NCUA Board member Gigi Hyland vowed today to redouble efforts to persuade Congress to let credit unions accept supplemental capital.

SACRAMENTO - A bill introduced Tuesday would require the California Department of Financial Institutions to consolidate back into the Department of Corporations, where credit union lobbyists fought so hard to separate it from just 10 years ago.

WASHINGTON -- Officials of NCUA, CUNA and NAFCU have met with officials of President-Elect Barack Obama's NCUA transition team to discuss regulatory and legislative issues of importance to credit unions.