Speaking at an Operation Choke Point forum, the congressman said growth pressures force credit unions to act like banks.
Senate committee’s option papers termed a wakeup call by industry trades.
“If I have anything to do with it, there will not be taxation on our credit unions,” the House Financial Services chairman said.
These three articles offer an in-depth look at the beginning of the new year for Congress and credit unions.
Taxation fears are once again permeating the thoughts of credit union leaders.