Monday, September 15, 2014

Rep. Luetkemeyer Rips NCUA

Speaking at the National Association of Federal Credit Unions Congressional Caucus, Rep. Blaine Luetkemeyer (R - MO) ripped the National Credit Union Administration (NCUA) for requesting that the House Financial Services Committee reject any amendment related to the agency's risk-based capital proposal.

Luetkemeyer said: "Here’s a regulator petitioning us, Congress, not to do our job. I mean, it’s just beyond explanation. They don’t want any oversight. They don’t want anybody to interrupt their little games that they’re playing."

It seems that the relationship between some members of the House Financial Services Committee and NCUA's leadership may be a bit frosty.

See the story in Credit Union Times.
Posted by at
Labels: ,

2 comments:

  1. AnonymousSeptember 16, 2014 at 6:39 PM

    It's damn well about time the House Financial Services Committee exposed the NCUA to the light of day for being a rogue agency. Sadly nothing will come of it.

    ReplyDelete
    Replies
    1. AnonymousSeptember 17, 2014 at 7:58 AM

      The more banks and credit unions pay congress, the more incredulous they become of your plight, and the less they do to fix your plight.
      They're using you and laughing all the way to the vault.
      When you get back to your hometown after one of those hike the hill caucus gvt affair visits to Mecca, do you brag about meeting Issa, Reid, warren?
      Or do you jump into the shower and hope you can scrub it all off?

      Delete

Subscribe to: Post Comments (Atom)
 

The content is provided for educational purposes only, with the understanding that neither the authors, contributors, nor the publishers of this site are engaged in rendering legal, accounting or other expert or professional services. If legal or other expert assistance is required, the services of a competent professional should be sought.

Comments appearing in response to articles appearing on this site do not necessarily reflect the views of the ABA. ABA makes no representations regarding the truth or accuracy of commentary or opinions that may be posted in response to the articles that appear on this website.

The inclusion herein of any link to a website, either in the text of an article or in a comment, does not denote any approval, sponsorship, or endorsement by the ABA, and ABA is not responsible for the content or opinions expressed on those linked websites or related commentary. This content is not licensed to third parties sites and is not affiliated with any third party site. Any reference to the author or this content on any third party site on the Internet is not authorized by the ABA.

It is the policy of the American Bankers Association to comply fully with all antitrust laws. Certain discussions should be considered off-limits, including those that contain competitively sensitive data such as price and cost information, or statements that could be construed as reflecting an attempt or desire to control or influence a particular market or markets. Future pricing or other prospective competitive information should never be shared.