Original Source Material
The vice chair for supervision also wondered whether a more nuanced approach would be better than single-metric thresholds, such as those based on asset size.
Fed’s Bowman, lawmakers suggest regulatory threshold changes
Summary
- The vice chair for supervision suggested a more nuanced approach to regulatory thresholds rather than relying on single-metric measures like asset size.
- This discussion could impact how credit unions, including those in Texas, are regulated and assessed.
Why It Matters for Texas Credit Unions
The changes suggested by the vice chair for supervision could affect regulatory practices that apply to Texas credit unions as well.