Connecticut credit unions showed their support for U.S. Rep.John B. Larson (D-Conn.) and questioned him about compliance burdens during a fundraiser in his honor at theMarriott Downtown in Hartford, Conn.
|The event was hosted Tuesday by the Credit Union League of Connecticut.
|Larson addressed the importance of issues such as unemployment,the economy, and U.S. involvement in world affairs, as well as theacrimonious volatility of current election campaigns not onlywithin Connecticut, but also throughout the nation and theirpotential effect on the future direction of the country.
|And yet, he said, “we've accomplished a lot in Congress theselast few years, but there are so many critical issues yet toaddress that both houses have an immense amount of work ahead ofthem in coming congressional session.”
|Questions and comments from attendees, particularly on theburden of regulations and the role of credit unions both small andlarge in the economy, allowed Larson to describe the intricacies oflaw development as complex, polemic and divisive, and alwayspolitical. In addition, he said he is committed to working withcredit unions on easing the regulatory burden.
|Larson, a member of the Ways and Means Committee that isexpected to attempt tax reform, is currently chair of the HouseDemocratic Caucus.
|Larson, who has held the seat since 1999, is facing financialplanner John Henry Decker in the November general election. Larsonis a c0-sponsor of H.R. 1418, the House version of the memberbusiness lending bill, and was an honorary race chair for the 2012 Credit Union Cherry BlossomRun.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
