
More Heavy Hitters Weigh In on RBC
The House Financial Services Committee Chair and a ranking member have sent a letter to NCUA Chair Debbie Matz that echoes concerns from others on the Hill about NCUA’s proposed risk-based capital rule. The letter calls into question NCUA’s methodology for assigning higher risk weights to certain types of assets and expresses concerns about the cost and burden of implementing the changes. [6/23/14]