On the campaign trail, President Barack Obama and Republican challenger Mitt Romney couldn't have a bigger difference of opinion when it comes to the Dodd-Frank Act.
Romney said during the Oct. 3 debate he would repeal and replace Dodd-Frank and has mentioned the legislation hurts small banks. Obama has said he will continue implementing Dodd-Frank, including rules from the Consumer Financial Regulation Bureau that have cost credit unions resources.
So, should credit unions overcome with regulatory burden hope for a Romney victory that would turn back the clock on Dodd-Frank?
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