"In Kansas, we approach it from the standpoint of 'is it an approved activity for the credit union.' We want to know if the CUSO activity is a sound one."
--John P. Smith, administrator of the Kansas Department of Credit Unions
"Finding the balance, where you have effective resolution authority but without money going to people who shouldn't get it-without rewarding people who screwed up-that's [a] difficult issue that we're making some progress on."
--House Financial Services Committee Chairman Barney Frank (D-Mass.) told reporters
"There's so much money out there in campaigns, a member of the House can spend $3 million to $4 million for a race. And political action committee contributions have stayed at $10,000 per race since 1976. So that limits the influence of any one political action committee.''
--CUNA Senior Vice President for Legislative Affairs John Magill, responding to a question about how much influence in the legislative process a trade association has as a result of its campaign contributions
--John P. Smith, administrator of the Kansas Department of Credit Unions
"Finding the balance, where you have effective resolution authority but without money going to people who shouldn't get it-without rewarding people who screwed up-that's [a] difficult issue that we're making some progress on."
--House Financial Services Committee Chairman Barney Frank (D-Mass.) told reporters
"There's so much money out there in campaigns, a member of the House can spend $3 million to $4 million for a race. And political action committee contributions have stayed at $10,000 per race since 1976. So that limits the influence of any one political action committee.''
--CUNA Senior Vice President for Legislative Affairs John Magill, responding to a question about how much influence in the legislative process a trade association has as a result of its campaign contributions
