Congressional Concern Likely to Impact Final RBC Rule
Due to the significant amount of concern expressed by Congress on NCUA’s proposed risk-based capital rule, NCUA will want to tread carefully in crafting the final rule, according to Carrie Hunt, General Counsel for NAFCU. If the final rule does not satisfactorily address the issues raised by members of the House and Senate, the end result could be legislation that could affect the degree of flexibility the agency has in the future. [8/14/14]