This preview from next week's print edition looks at what credit union lobbyists win, or don't win, on Capitol Hill.
The House Financial Services Committee passed the Protecting American Taxpayers and Homeowners Act July 24 by a vote of 30-27.
Reps. King and Royce, NCUA's Fryzel now slated to address September confab.
WASHINGTON — Credit union leaders meet with lawmakers to push for expanding access to supplemental capital.
The Coalition for Credit Union Access said they are Reps. Spencer Bachus (R-Ala.), Charles Rangel (D-N.Y.) and Kerry Bentivolio (R-Mich.).
Measure would allow credit unions to utilize uninsured, non-share accounts to supplement capital.
Agency working on credit union version of Basel III.
Eight credit unions from five states join coalition to back pending legislation that would authorize supplemental capital injections.
Political commentator from Fox, CNN to highlight annual confab in Washington in September.
Over the last couple of years, a small coalition of credit unions has built up the background and the foot soldiers to help maneuver supplemental capital legislation through Congress.