Rep. Russ Carnahan (D-Mo.) said he will continue to make the case for raising the member business lending cap.
Carnahan shared that message with credit union leaders at an Aug. 5 meeting held at his St. Louis County district office, according to the Missouri Credit Union Association.
Carnahan is a co-sponsor of H.R. 1418, the Small Business Lending Enhancement Act, which would raise the MBL cap from 12.25% of assets to 27.5%.
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