CUNA and NAFCU have been petitioning Congress to add language expanding credit union ability to offer member business loans to two jobs bills that are making their way through the legislative process.
House Financial Services Committee Chairman Spencer Bachus (R-Ala.) predicted that he would be cleared of charges that he violated insider trading laws.
Credit unions dodged a taxation bullet with the latest spending reduction package, but it remains to be seen how long their luck will hold.
This article will be among the news and features filling the pages of the next print edition of Credit Union Times.
CUs will need to watch the topic going forward.
House speaker's bill faces conservative House opposition, Democratic Senate and president's veto.
WASHINGTON — "Gang of Six" pessimistic about long-term plan because of House GOP opposition.
President Obama will again meet with congressional leaders today to try to find a way to raise the debt ceiling.
During the first five months of 2011, CUNA’s political action committee received $502,266 in contributions toward its efforts to influence the outcome of political campaigns, and NAFCU’s fundraising efforts netted $53,669, according to reports filed with the Federal Election Commission.
Trades report contributions to congressional lobbying efforts.