Lawmaker asks GAO to Expand Credit Union Study

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00012357-lawmaker-asks-gao-to-expand-credit-union-/

U.S. Rep. Bill Thomas (R-CA), chairman of the U.S. House Ways and Means Committee, said last week that he would ask Congress to expand a review of credit unions to analyze the industry regulator’s independence and objectivity, according to a story by Reuters.

Thomas said in a letter that the National Credit Union Administration should not promote or defend credit unions, rather it should vigilantly regulate the financial institutions.

For this complete story, please visit Lawmaker asks GAO to Expand Credit Union Study.

Lawmaker asks GAO to Expand Credit Union Study

Unknown Author

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