As the fall campaign season kicks into high gear, CUNA's political action committee has $1 million in its coffers for upcoming political activities.
The political action committees of CUNA and NAFCU won some and lost some in yesterday's primary elections.
Because of Florida Gov. Charlie Crist's decision to leave the GOP and become an independent, CUNA has provided financial support to more than one Senate candidate in the Sunshine State.
Credit unions received a reprieve on data-reporting requirements but were still waiting on amendments on interchange fees and the agency to regulate consumer financial products as the Senate began to discuss the financial overhaul bill.
The chairman of the NCUA would be included in the council of regulators that could make decisions on systemic risk and hear appeals of rules by the new consumer financial regulator if an amendment sponsored by Sen. Susan Collins (R-Maine) is approved.