Approximately 500 credit union executives, business owners and members of Congress packed the Kennedy Caucus Room at the Senate Russell Office Building on Tuesday night to rally support for S. 2231, which would increase the member business lending cap to 27.5% of assets.
The reception kicked off CUNA's Hike the Hill event in support of the bill that continued through Wednesday.
Sen. Mark Udall (D-Colo.), primary sponsor of the bill, was cheered as his spoke in favor of the legislation and decried heavy banker lobbying on Capitol Hill in opposition.
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