Republican Party

  • Pay Freeze at NCUA?

    What the trade associations and certain credit union leaders can't accomplish, President Obama and Congress might be able to achieve.

  • Exemption on the Table

    A draft proposal of a report by a presidentially appointed deficit reduction panel includes an option that would eliminate many tax exemptions, including the one for credit unions.

  • A New Political Landscape

    When Congress returns, credit unions can expect fewer consumer bills, tweaking the financial overhaul bill and new leaders of House and Senate committees that oversee credit unions.

  • Mixed Election Results For CUs

    CUNA and NAFCU's PACs supported more winners than losers in the midterm elections, yet CUs still lost some key allies.

  • CU Ally Royce to Seek Financial Services Chairmanship

    Rep. Ed Royce, a strong supporter of credit union causes such as raising the cap on member business lending, announced last night that he will seek the chairmanship of the House Financial Services Committee.

  • CU Backers Have Mixed Election Night

    Credit union stalwart Rep. Paul Kanjorski (D-Pa.) saw his 26-year congressional career end, yet Senate Majority Leader Harry Reid (D-Nev.) survived yesterday's election which gave the Republicans large gains in both chambers.

  • Cable Networks Project GOP Takeover of the House

    CNN, Fox and MSNBC have all projected that the GOP will win a majority of seats in the House, thus ending the Democrats' four-year control of that chamber.

  • CU Backed Republican Blunt Wins; Democrats Feingold, Pomeroy, Spratt All Lose

    GOP Rep. Roy Blunt, on whose behalf CUNA's PAC spent $152,500 in independent expenditures, won an open U.S. Senate seat in Missouri. CUNA's PAC also gave Blunt's campaign $10,000 and NAFCU's PAC gave it $1,000.

  • Kanjorski Loses Re-Election Bid

    Rep. Paul Kanjorski, who has been one of the strongest supporters of credit unions in Congress, was defeated after a 26-year career by Hazleton Mayor Lou Barletta.

  • Paul Wins Kentucky Senate Seat

    Political newcomer Rand Paul, a favorite of credit unions and the tea party movement, has won the U.S. Senate seat in Kentucky, according to Associated Press projections.

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