Bill introduced Thursday by Rep. Ed Royce (R-Calif.) excludes 1- to 4-family residence loans from MBL cap.
Two industry heavyweights, NCUA Board Member Michael Fryzel and NAFCU President/CEO Dan Berger, pitch their fixes for the MBL cap.
With less than a year to go before the 2014 midterm elections, credit union trade organizations are focusing their attention on key Senate races.
See who graced the stage on the second full day of CUNA's GAC.
CUNA and NAFCU both throw their support behind credit union supporters like Sen. Mark Udall (D-Colo.) and Sen. Mitch McConnell (R-Ky.).
Measure to be addressed Thursday would create parity with banks in handling lawyer trust accounts.
NAFCU's caucus speakers on Wednesday included a call to credit unions to do their own lobbying and not just rely on the trades.
Measure similar to proposed legislation in House, would raise cap to 27.5% of assets.
Tax reform debate began in earnest for credit unions April 11, when representatives from CUNA and NAFCU were called to Capitol Hill to plead their case for preserving the industry’s tax exemption before a House Ways and Means Committee working group.
ABA, ICBA in town for conferences that have taxing credit unions high on the agenda.