In politics, the party that controls Congress usually gets the lion's share of the campaign money.
WASHINGTON -- Overhauling, not eliminating, Fannie Mae and Freddie Mac will be the top priorities of Congress' reform efforts next year, Rep. Paul Kanjorski (D-Pa.) told attendees.
The May 18 primary elections provided more good than bad news for credit union-backed candidates.
Within two weeks of Rep. Sander Levin's (D-Mich.), ascension to the chairmanship of the House Ways and Committee last month, the political action committees of CUNA and NAFCU each donated $1,000 to his campaign.
In a year when many incumbent officeholders are about as popular as Yankee fans in Fenway Park, several key supporters of credit unions will be fighting for their political lives this year.