CURIA Reaches 105 Congressional Supporters
WASHINGTON-The Credit Union Regulatory Improvements Act (H.R. 2317) garnered two more lawmakers for its list of co-sponsors. Democratic Congressmen Russ Carnahan (Mo.) and John Olver (Mass.) added their names to bring the total congressional support to 105, despite the controversial resignation of CURIA-backer Randy Cunningham (R-Calif.). The legislative session is winding down for Congress this year, but one credit union lobbyist held out hope for a hearing on the issues contained in CURIA in the second session of the 109th Congress. The chances for the Financial Services Regulatory Relief Act (H.R. 3505) this year, which includes many of the same provisions as CURIA and was previously thought to have an outside shot of passing the House before Congress adjourned this year, are dead, according to another lobbyist.