Credit unions wary despite record-low delinquencies
Overdue loans for U.S. credit unions hit 0.42% in June — the lowest level in the industry's history. But some warn of deteriorating credit quality as the economy sours.
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Overdue loans for U.S. credit unions hit 0.42% in June — the lowest level in the industry's history. But some warn of deteriorating credit quality as the economy sours.
Manchin when he's been a thorn in the side of economic agenda. are you skeptical about a deal that's made in principle but not actually codified and memorialized. should the american people have ultimate faith that that would have a litmus test in measure of progress? >> look, you know, all i can say is that the president strongly welcomed this agreement by senator schumer and senator manchin. you've seen wide agreement even with people who have disagreed or criticized us before, that this would reduce inflation, reduce the deficit, reduce drug costs, reduce health premiums for 13 million amer...
But i think there's a lot of progress we can make, particularly if we had help from congress. and today you saw -- >> actually, excuse me, gene, it's not just help from congress, right? i mean, consumers, they drove down the demand for gas as well. that also helped to support what you're talking about. how much of it can be attributed to the administrations being proactive as opposed to consumers simply reducing the demand for gas? >> actually the treasury department did put out analysis and found about 40 cents of the reduction was due to the president's actions on the strategic pe ttroleum r...
Duke this out but manchin had to move more to the center. the white house knew it was going to be reduced a good bit. the progressive caucus knew this was going to be reduced a bit. the question i've got now is not sinema. i think sinema will back this. the question i've got is whether or not bernie sanders will because bernie has come out and criticized this somewhat. at the end of the day i think it's a reconciliation bill so you only need 50 democratic senators plus the vice president so i think it passes. >> is sanders on board? do you know? >> i haven't talked to senator sanders. he's a p...
Those costs, lower energy costs, lower health care premiums. the action we've taken before is going to allow internet costs to be lower for up to 15 million families. we obviously want to do everything we can to bring down those gas prices. but we're also just going to do everything we can to help the americans with their pocketbook issues. and again there's a lot the president can do and has done administratively. but there's no question we can do more when we get support from congress. and things like prescription drug costs that you saw agreement on today, that can just make a huge differen...