Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Senate banking chair reveals priorities for 2009
WASHINGTON (11/7/08)—Senate Banking Committee Chairman Christopher Dodd (D-Conn.) Thursday outlined several issues that the committee will target for the remainder of this Congress as well as in the next, including “intensive oversight” of the administration’s implementation of the Emergency Economic Stabilization Act (EESA). Dodd also dispelled speculation that he might resign as chairman of the banking panel in favor of another chairmanship. He said he will continue to lead the Senate Committee on Banking, Housing and Urban Affairs in the 111th Congress. Dodd pledged to continue to work with ranking member Richard Shelby (R-Ala.), as well as Senate leadership and the new Obama administration to “build an economy that is strong and in which every American has the opportunity to succeed.” In addition to EESA oversight, issues on the chairman’s upcoming agenda include:
* Modernizing the country’s financial architecture to spur competition domestically and ensure that financial institutions are properly capitalized, regulated, and supervised; * Strengthening protections for consumers in mortgage lending, credit card lending, and investor rights, among other areas; * Renewing focus on the country’s housing needs; * Addressing critical economic and national security challenges; and * Crafting a transit bill to address problems from low economic growth to higher gas prices to pollution and global warming.
In his remarks announcing his committee priorities, Dodd said, “Our economic crisis is the center of gravity to which all our other problems are being pulled – and it will be ‘Ground Zero’ when it comes to digging us out of the hole we are in.”
Other Resources

RSS print
News Now LiveWire
.@TheNCUA bars former employee of Southwest Communities FCU,Melissa Rosing,from work at any federally insured FI. http://t.co/owtVnPxVZT
3 minutes ago
Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
2 hours ago
Before @TheNCUA meeting adjourned, board member Fryzel said goodbyes, praised dedicated CU officials. 1of 2
2 hours ago
.@TheNCUA revised budget is down by $1.1 mil for year ending Dec 31, 2014. That brings total revised budget to $266,920,296.
3 hours ago
.@TheNCUA says it will update it NCUA Guaranteed Notes (NGA) report on its website in October.
3 hours ago