A House subcommittee has chosen Christopher Columbus’ birthday to explore whether to give credit unions the right to raise the cap on member business loans.
House Financial Services subcommittee will hold hearing in member business lending cap increase Oct. 12.
If Congress allows credit unions to make more business loans, the industry can expect even more supervision from the NCUA.
WASHINGTON — Two members of Congress used their speeches at NAFCU’s Congressional Caucus to deliver news that advances the cause of raising the cap on member business loans.
Rep. Shelley Moore Capito tells NAFCU Congressional Caucus her subcommittee will hold hearing "sometime in October"on raising member business lending cap.
Kentucky Republican said not signing on yet was an oversight.
Trade group keying campaign to 25 Hike the Hills coming up, including 12 next week.
Sponsors Royce and McCarthy pen letter to president ahead of Thursday night speech.
While credit unions don’t have as many issues on Capitol Hill as they did last year, when lawmakers return from recess after Labor Day, there will be enough subjects that will keep industry officials and lobbyists actively prowling the halls of the Capitol.
This article is just one of the news, features and more that will appear in the Aug. 31 print edition of Credit Union Times.