CUNA: Hensarling amendment would remove barriers for credit unions

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr An amendment from Rep. Jeb Hensarling (R-Texas) to the highway funding bill would help remove a number of regulatory barriers for credit unions, CUNA told U.S. House leadership Wednesday.In a letter sent to Speaker of the House Paul Ryan (R-Wis.) and House Minority Leader Nancy Pelosi (D-Calif.), CUNA President/CEO praised the provisions in the amendment, many of which have garnered previous House approval.“The Hensarling Amendment includes many provisions that have previously passed the House Financial Services Committee and the House of Representatives,” Nussle wrote. “In particular, credit unions support the provisions of this amendment that would permit privately insured credit unions to join the Federal Home Loan Bank System and the provisions that would modernize privacy notifications.”The first provision Nussle mentioned is based on the Capital Access for Community Financial Institutions Act of 2015 (H.R. 299), which passed the House in April. Similar legislation has also passed the house in 2004, 2006 and 2014 (by a 395-0 vote). continue reading »last_img read more

Ghana moves three places up in World Rugby Rankings

first_imgGhana have moved up three places to rank 89th in the latest World Rugby rankings after defeating The Vultures of Botswana in an Africa Cup eliminator last Saturday. Ghana came from behind to beat Botswana 36-25 at the Nduom Sports Complex in Elmina to qualify for the Pool stage Rugby Africa Cup.Prior to the current rankings, the Eagles were ranked 92nd in the world. Botswana, on the other hand, have plummeted from 71st  to 76th in the rankings. Ghana, who won the Challenge Trophy at this year’s Africa Men’s Sevens in South Africa qualified to the pool stage of the newly-created Rugby Africa Cup.The Eagles will clash with Zimbabwe who moved up just one place to 30th  in the world rankings and Tunisia who maintained their 39th position.last_img