Iowa Rep. Praised by CUs for MBL Support
Rep. Bruce Braley’s (D-Iowa), co-sponsorship of legislation that would increase the member business lending cap, is getting high marks from the state’s credit unions.
Braley is a co-sponsor of the Small Business Lending Enhancement Act (H.R. 1418), which would raise the MBL cap from 12.25% to 27.5% of assets.