Regulatory & Compliance

WASHINGTON -- Former Fannie Mae Chairman James Johnson, who ran the three-member committee helping Sen. Barack Obama select a running a mate, resigned today after were questions were raised about his ties to one of the largest subprime lenders.

WASHINGTON -- Despite an independent expenditure--which included sending out six different mailers--the candidate backed by CUNA's political action committee, businessman Adam Cote lost the primary for a U.S. House seat in Maine's 1st District.

WASHINGTON -- The House of Representatives is scheduled to today on a measure to mark the founding of the first American credit union 100 years ago.

WASHINGTON -- Legislation to limit credit card transaction fees would reduce costs to consumers and make the overall system fairer, says the Food Marketing Institute.

DENVER -- School districts in Colorado will have to incorporate financial literacy into their curricula, as a result of a law signed recently by Gov. Bill Ritter.

WASHINGTON -- Credit union board members who want to learn about regulatory and corporate governance requirements can attend one of the upcoming Directors Colleges sponsored by NASCUS.

WASHINGTON -- CUNA and NAFCU contend that a measure introduced last week in the Senate to cap interchange fees would hurt credit unions and make credit less available to consumers.

WASHINGTON -- CUNA and NAFCU contend that a measure introduced last week in the Senate to cap interchange fees would hurt credit unions and make credit less available to consumers.