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    CREW: National Credit Union Administration (NCUA) : Regarding Efforts To Influence Financial Regulatory Reform: 4/23/10 - Letter From Chairman Matz To Chairman Dodd Regarding Bill Changes (3/19/10)

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    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; FOIA Request: CREW: National Credit Union Administration (NCUA): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: National Credit Union Administration (NCUA); Date Received : 4/23/10;

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    CREW: National Credit Union Administration (NCUA) : Regarding Efforts To Influence Financial Regulatory Reform: 4/23/10 - Letter From Chairman Matz To Chairman Dodd Regarding Bill Changes (3/19/10)

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    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; FOIA Request: CREW: National Credit Union Administration (NCUA): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: National Credit Union Administration (NCUA); Date Received : 4/23/10;

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    CREW: National Credit Union Administration (NCUA): Regarding Efforts to Influence Financial Regulatory Reform: 4/23/10 – Letter from Chairman Matz to Chairman Dodd regarding bill changes (3/19/10)

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    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; FOIA Request: CREW: National Credit Union Administration (NCUA): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: National Credit Union Administration (NCUA); Date Received : 4/23/10;

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    CREW: National Credit Union Administration (NCUA) : Regarding Efforts To Influence Financial Regulatory Reform: 4/23/10 - Letter From Chairman Matz To Chairman Dodd Regarding Bill Changes (3/19/10)

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    CREW
    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; FOIA Request: CREW: National Credit Union Administration (NCUA): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: National Credit Union Administration (NCUA); Date Received : 4/23/10;

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    National Credit Union Administration Office of the Chairman March 19, 2010 ‘The Honorable Christopher J. Dodd, Chairman Committee on Banking, Housing and Urban Affairs US. Senate, 534 Dirksen Senate Office Building Washington, DC 20510 Dear Chairman Dodd: | commend you for your strong leadership in introducing the Restoring American Financial Stabilty Act of 2010. As the Committee moves forward with legislation to restructure and reform the U.S. financial services regulatory system, | ask that you incorporate three technical provisions into the measure to enable the National Credit Union Administration to continue mitigation of the effects of the market dislocations of the last two years. NCUA worked closely with Congress in 2009 to devise a mechanism through which the National Credit Union Share Insurance Fund could remain well capitalized despite significant losses in the corporate credit union sector. That mechanism, known as the Corporate Credit Union Stabilization Fund, was established by the Helping Families Save Their Homes Act of 2009 and has served since enactment to enable NCUA and credit unions to maintain a stable and well-functioning system, Several accounting-related changes have occurred during the last 10 months which necessitate ‘modifications in the structure and operation of the Corporate Credit Union Stabilization Fund. The attachment details the issues and sets forth suggested legislative language to address the situation. If enacted, these amendments to the Federal Credit Union Act will enable NCUA to continue the process of reforming and revitalizing the corporate credit union network while at 's 90 million credit union members. | appreciate your consideration of this request and your continued assistance to NCUA’s overall efforts to protect and preserve the credit union industry. ‘Thank you in advance for your consideration of these views OY ae ie VF bi kb Chairman ey cc: Board Member Gigi Hyland Board Member Michael E. Fryzel 1775 Duke Street - Alexandria, VA 22314-3428 - 703-518-6300 ~ 703-518-6319-Fax

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