Charles Schumer

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  New York CU Execs Score Aye Vote Commitment on MBL from Maloney

  By Heather Anderson  |  November 29, 2012

  CUANY says its hill hiking also prompted call from New York Sen. Schumer to primary sponsor Sen. Udall of Colorado.

• MBL Bill: Trades Sticking to Plan A

  By Heather Anderson  |  May 7, 2012

  Even after news that a vote on S. 2231 won’t happen as quickly as hoped, credit union trade associations say they aren’t pursuing a Plan B to promote legislation that would raise the member business lending cap to 27.5% of assets.

• On Member Business Lending Bill, Trades Are Sticking With Plan A: Print Preview

  By Heather Anderson  |  May 4, 2012

  Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.

• MBL Legislation ‘A Process, Not an Event’: Becker

  By Heather Anderson  |  April 24, 2012

  There’s a saying on Capitol Hill that Congress works in two time frames: now, and not now.

• CUNA Reacts to Reports Schumer Has Delayed MBL Vote

  By Heather Anderson  |  April 23, 2012

  CUNA unfazed by legislative delay.

• Debit Interchange Delay Effort Continues on Hill

  By Claude R. Marx  |  April 13, 2011

  Efforts to delay the implementation of the Federal Reserve’s debit interchange rule continued on Capitol Hill and at the grassroots level last week.

• Bi-Partisan Lawmakers Ready Bill to Raise Member Business Lending Cap

  By Claude R. Marx  |  April 13, 2011

  A California Republican and New York Democrat were preparing to introduce a member business lending cap bill similar to an existing Senate measure.

• MBL Bill has Three Co-Sponsors In House

  By Claude R. Marx  |  April 8, 2011

  Three co-sponsors so far have joined the two original sponsors of the House member business loan cap bill, a companion to a Senate bill.

• On-Site Coverage: Schumer Optimistic About MBL Hike

  By Claude R. Marx  |  April 6, 2011

  WASHINGTON - The Senate’s No. 3 Democrat said today there is a “decent’’ chance his chamber will pass Sen. Mark Udall’s bill to raise the cap on member business lending to as much as 27.5% of assets.

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  Sen. Udall's Business Lending Bill Lives to Fight On

  By Claude R. Marx  |  March 16, 2011

  Here we go again. Saying that it would “expand the options for small businesses at no expense to taxpayers,” Sen. Mark Udall (D-Colo.) last week reintroduced a measure to raise the cap on member business lending from 12.25% of assets to as much as 27.5% of assets.