The lawmaker who circulated the "dear colleague," letter on interchange, has received contributions from the political action committees of CUNA and NAFCU during this campaign cycle.
After having dropped off for a month, CUNA's Credit Union Legislative Action Council is again on the list of top of the top 20 donors to federal candidates, according to data compiled by the Center for Responsive Politics.
Former NCUA Board Member Geoff Bacino urged credit union officials and members to back Senate Majority Leader Harry Reid (D-Nev.) in what is expected to be a difficult re-election race this year.
Within two weeks of the ascension of Rep. Sander Levin (D-Mich.) to the chairmanship of the House Ways and Means Committee,
Within two weeks of Rep. Sander Levin's (D-Mich.), ascension to the chairmanship of the House Ways and Committee last month, the political action committees of CUNA and NAFCU each donated $1,000 to his campaign.
The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.
National party committees and senior lawmakers on the committees that oversee credit unions are among the recipients of contributions from the political action committees of CUNA and NAFCU.
CUNA's political action committee remained among the 20 biggest donors last year, with $1.1 million in contributions to federal candidates and committees, according to data filed this week with the Federal Election Commission.
CUNA political strategists say that the U.S. Supreme Court's recent lifting of many limitations on corporate political advertising will not affect credit union political action committee activities.
In a victory for the GOP, Massachusetts State Sen. Scott Brown beat CUNA-backed Democratic nominee Attorney General Martha Coakley in yesterday's special election for the seat held for almost 47 years by U.S. Sen. Edward M. Kennedy, who died last August.