WASHINGTON-An envelope containing what two preliminary tests say was anthrax was sent to Senate Majority Leader Tom Daschle's (D-S.D.) office in Hart Senate Office Building. Forty employees, but not Daschle, were in his office when the envelope was opened. His office has been quarantined and some staffers are taking the...

WASHINGTON-While credit unions seem to be initially pleased overall with the new incidental powers regulation passed by NCUA at its July board meeting and effective September 5, changes can still be made, according to NCUA officials on a CUNA-sponsored audio conference. A few changes were made from previous agency policy...

WASHINGTON-Following the close of business Oct. 17, the House and Senate office buildings will be closing so that officials can perform an `environmental sweep' of the buildings following an anthrax discovery in Senate Majority Leader Tom Daschle's (D-S.D.) office. Two NAFCU lobbyists who were around the Senate office buildings Oct....

ALEXANDRIA, Va.-In an open session meeting on Oct. 18, the NCUA Board once again approved all motions before the board unanimously. Chairman Dennis Dollar opened the meeting by noting that it fell on International Credit Union Day this year. The board approved for public comment an Advanced Notice of Proposed...

ALEXANDRIA, Va.-What do you get when you combine a federal agency chairman, a lame duck board member, and a recess appointee at the end of his term? A potential NCUA Board of one. However, NCUA Board Member Yolanda Wheat, whose term expired in August, said that she is willing to...

ALEXANDRIA, Va.-Amidst a peppering of the usual community charter conversions, the NCUA Board will take up many contentious items in the remaining months of 2001. Every year the board must approve an overhead transfer rate, the agency budget, the operating fee scale, and the National Credit Union Share Insurance Fund...

WASHINGTON-The two major credit union trade associations are at a crossroads as to how to handle further consideration of the Renaissance Commission results, to be approved by the board October 30. CUNA's Governmental Affairs Committee has amended its Renaissance Commission's Vision Statements to what NAFCU President and CEO Fred Becker...

WASHINGTON-The House Financial Services Committee was gearing up to mark up the "Financial Anti-Terrorism Act of 2001" (H.R. 3004) just after deadline. A similar bill was already approved unanimously by the Senate Banking Committee late last week and added to broader anti-terrorism legislation. The legislation is aimed at increasing the...