Jim Nussle is a former eight-term congressman and director of the White House OMB for President George W. Bush.
Trades, consultant see possible impact as Senate Finance chair switches hands.
Legislation increases borrowing authority by one third, draws Republican ire and promises to take NFIP private.
All three picks have promised to protect entitlements while Republican members continue opposition to tax hikes.
CUNA and NAFCU's PACs supported more winners than losers in the midterm elections, yet CUs still lost some key allies.
GOP Rep. Roy Blunt, on whose behalf CUNA's PAC spent $152,500 in independent expenditures, won an open U.S. Senate seat in Missouri. CUNA's PAC also gave Blunt's campaign $10,000 and NAFCU's PAC gave it $1,000.