CEO Fred Becker, chief lobbyists ask Obama aide to support raising MBL cap, help ensure preservation of tax-exempt status.
Measure's sponsors all Democrats in GOP-controlled House.
Trades say no indication that credit union tax exemption on the firing line.
Despite a raging battle over member business lending, credit union and bank trade associations agree on four House bills that address cyber security.
Legislation that would raise the cap on credit unions' business loans to members is poised for a mid-April showdown in the Senate.
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.
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.
If you’ve ever wanted to appeal the results of your credit union’s NCUA examination to someone outside the agency, a bill moving through the House of Representatives would allow you to do that.
This article will be among the news, features, analysis and insight filling the pages of the next print edition of Credit Union Times.
Retiring Massachusetts congressman's spot won't be filled for a year, but seniority may not be the deciding factor.