This declining trend in the number of credit unions is very concerning.
I, too, hear constantly from my community banks what impact this potential rule will have on them.
The burden isn't getting lighter. It is getting heavier.
Many of us know that our small community banks or credit unions are the lifeblood of economic growth in our small communities across this gr...
Clearly, they face a lot of challenges in this hyper-regulatory environment.
Per Dodd-Frank, a non-bank SIFI designation must meet the definition of 'predominantly engaged in a financial activity.'
Is it possible that FSOC will come out with its non-bank SIFI designations before the Fed submits its final rule and definition?
Congress was very focused and very concerned about an expansion of this law to encompass companies that have nothing to do with the financia...
My concern is that the Fed's definition of 'predominantly engaged in financial activity' is going to cast potentially a far wider net.
So when there is a conflict between what the directive of Congress was and then its interpretation by the Fed, FSOC will go forward with the...
There is fat in the budget, and I think every American looks at how we spend our money and they say, I can cut 2 percent out of my family bu...