Setting the Record Straight on Elizabeth Warren’s New Bill
Friday, March 22, 2019 7:30 AM

Recently, a lot of questions have been raised in the press about whether Senator Elizabeth Warren’s new American Housing Economic Mobility Act of 2019 would increase credit unions’ regulatory burdens—despite removing them from an obligation to comply with the Community Reinvestment Act. Another trade association has specifically claimed that the bill adds new reporting, comment, and hearing requirements that do not presently exist and that they, presumably, oppose.  Additional information and a comparison chart may provide more insight.

Source:  CUNA Removing Barriers Blog