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Sen. Brown Issues Statement on National Credit Union Administration Decision on Capital Rule
June 24, 2019
WASHINGTON, June 24 -- Sen. Sherrod Brown, D-Ohio, ranking Democratic member of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on the National Credit Union Administration's decision to delay the implementation of its capital rule that protects the credit union system and its members:

The NCUA Board approved a proposal to extend the effective date of its risk-based capital rule to January 1, 2022, the second time it has delayed the rule. NCUA . . .

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