WASHINGTON—The political pitch to raise the credit union member business lending cap are claims that doing so will spur job growth. According to credit union executives that attended this year’s Governmental Affairs Conference, that claim is more than just wishful thinking.
WASHINGTON—No issue at this year’s GAC was more polarizing than the new Consumer Financial Protection Bureau. Speakers, particularly politicians, were either completely against it or completely for it, depending upon which party they represented.
WASHINGTON—"We have done many things well, some less so," said Mark Meyer, CEO of Filene Research, in what was the closing general session talk at CUNA's GAC conference.
Here are images from Wednesday's final day session at the CUNA Governmental Affairs Conference.
WASHINGTON — When Rep. Barney Frank (D-Mass.) retires after this current Congressional session, credit unions will gain “the best friend they’ve ever had” in the House.
CUNA, NAFCU spread donations across parties, chambers.
Even if the Republicans keep control of the House next year, the House Financial Services Committee is likely to have a new chairman.
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.
Democratic House members won’t pick a successor to retiring Rep. Barney Frank (D-Mass.) in the top spot on the House Financial Services Committee for a year, and it’s far from a sure thing that the member next in line, Rep. Maxine Waters (D-Calif.), will get the nod.
Credit unions have a lot to feel good about, and this time of year makes it easier to recognize even when times are tough in general. Credit unions are beginning to distribute member dividends and new membership signups are rolling in at a pace credit unions have not experienced in...