Almost 75% of the U.S. House of Representatives sign a letter requesting changes to the NCUA's risk-based capital proposal.
Trades, consultant see possible impact as Senate Finance chair switches hands.
Former U.S. Rep. Barney Frank and Sen. Christopher Dodd in first public appearance together since retiring.
Congress more likely to take on immigration, government funding instead of tackling the idea of raising the minimum wage when recess ends next week.
Senate, House plans don't include specifics on which tax loopholes to eliminate.
Veteran lobbyist says working groups include two on credit union radar and that credit unions not stated target, so far.
As credit unions hunker down in defense of their federal tax exemption, the industry does have one thing in its favor. There are no known enemies among leadership on the House Ways and Means or Senate Finance Committees.
These three articles offer an in-depth look at the beginning of the new year for Congress and credit unions.
Florida congressman makes good on promise not to include tax exemption in debt reduction bill.
According to industry veteran John McKechnie, who was working on Capitol Hill back in 1986, the last time credit union tax exemption was on the Congressional chopping block, a “volatile” environment on Capitol Hill means credit unions should be vigilant when it comes to protecting their tax-exempt status in 2013.