Credit unions are pushing for passage of a patent reform bill that the Senate is likely to vote on soon that could limit their exposure to patent infringement lawsuits.
Montana Sen. Jon Tester keynotes the Political Breakfast; Katherine Marisic debuts as political director.
CUNA’s PAC raised $93,774 in April and NAFCU’s raised $14,250, according to forms filed with the Federal Election Commission.
If money, as a former state official said, is the mother’s milk of politics, neither major CU trade is in danger of being lactose deprived any time soon.
The Senate Judiciary Committee on Thursday will discuss whether consumers facing foreclosure should have the option of having a mediation hearing.
The political action committees of CUNA and NAFCU won some and lost some in yesterday's primary elections.
Any change to the rules regarding interchange fees would "provide an advantage to large financial institutions at the expense of credit unions and other small financial services providers,"
Any change to the rules regarding interchange fees would "provide an advantage to large financial institutions at the expense of credit unions and other small financial services providers."
Chartway Federal Credit Union Vice President of Operations John Blum is scheduled to testify Wednesday in opposition to legislation that would place additional restrictions on interchange fees.
The campaign giving patterns of CUNA and NAFCU in February could be best described as the calm before the proverbial storm.