January 16 2025

RBC2 Time Out! Congressmen Urge NCUA to Stop and Study

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RBC2 Time Out! Congressmen Urge NCUA to Stop and Study

NCUA is expected to vote on its second version of a risk-based capital rule (RBC2) at its Oct. 15 board meeting. However, several Congressmen have written to NCUA Chair Debbie Matz urging her to voluntarily postpone that vote and conduct a study of the impact that the proposed rule will have on credit unions and its members. Legislation requiring NCUA to conduct the study and to confirm that the agency has the legal authority to enact and enforce RBC2 is pending. [10/7/15]

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