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.
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
New York, Nevada credit union associations say they're confident of continuing support as question remains if vote will be taken this year.
Senator advises colleagues "to move forward carefully."
Despite comments made by co-sponsor Sen. Chuck Schumer (D-N.Y.) April 23 that suggested a vote on S. 2231 may be delayed, credit union trade associations continue to crash the net in support of the Small Business Lending Enhancement Act.
In life you depend on a lot of people. Your family and friends, your doctor and your banker, for example. They’re there to keep you healthy, and even sane at times, and your important belongings safe. These people in your life have been there with you and worked to earn...
Schumer comments on MBL vote seen as contradiction to Reid promise that vote expected sooner. A preview from next week's print edition.
Regulatory burden has credit union staffers crossing Ts instead of cross selling.
There’s a saying on Capitol Hill that Congress works in two time frames: now, and not now.
NAFCU lobbyist says vote could come any time in Senate but most likely after recess next week.