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.
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.
ReplyDeleteThe more banks and credit unions pay congress, the more incredulous they become of your plight, and the less they do to fix your plight.
DeleteThey'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?