Both set to meet after the mid-term election to discuss proposal that limits payday lending at credit unions.
A number of Congressional credit union supporters took to the stage on GAC's final day.
Over the past week or so, the word “billion” has come up several times in industry talk on member business lending. The first billion–make that nearly $12 billion–is the record number of member business loans that credit unions funded in 2011, setting a new record high based on fourth-quarter data from...
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
New York, Nevada credit union associations say they're confident of continuing support as question remains if vote will be taken this year.
Senator advises colleagues "to move forward carefully."
Colorado Democrat says upper chamber will vote this year on his bill despite reports of its indefinite delay.
Mark Udall (D-Colo.) has repackaged and reintroduced his bill to remove the cap on credit union member business lending, setting it up for a possible vote by the full chamber.
WASHINGTON — Efforts to raise the business lending cap have been the only part of the jobs act that would actually create jobs, Sen. Mark Udall (D-Colo.) says.
Sen. Mark Udall (D-Colo.), Rep. Ed Royce (R-Calif.) and Rep. Carolyn McCarthy (D-N.Y.) will apear at the March 18-22 conference in Washington, D.C.