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Tuesday, May 27, 2014

Hensarling to NCUA: Define 'reputation risk'

May 27, 2014 - House Financial Services Chairman Jeb Hensarling, R-Texas, wrote NCUA Board Chairman Debbie Matz and other regulators with concerns that the regulatory agencies in question are issuing "subjective judgments" based on "reputation risk," which is not an official part of the CAMELS rating system.

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