As credit unions hunker down in defense of their federal tax exemption, the industry does have one thing in its favor. There are no known enemies among leadership on the House Ways and Means or Senate Finance Committees.
Florida congressman makes good on promise not to include tax exemption in debt reduction bill.
After seeing little to no progress on credit union legislation during the first 11 months of 2012, two regulatory relief bills advanced within 24 hours of each other, with one passing both chambers and awaiting President Obama’s signature.
Senate now gets measure that would limit when financial institutions, including credit unions, have to provide privacy disclosures.
The Tuesday night reception drew lawmakers, credit unions and business owners and kicked off CUNA’s latest Hike the Hill.
CUNA announced Monday it has been told by Capitol contacts that a vote on S. 2231 could come in the next 48 hours.
ICBA exec calls NAFCU letter to senators supporting the package bill "obscene."
Trade responds to NCUA move on fleet vehicle definition, says business lending remains top priority.
Two credit union officials will testify Thursday before the House Financial Services Subcommittee on Oversight and Investigations on the Dodd-Frank Act.
Lobbyists working on small business package that would combine credit union member business lending cap hike and bankers' TAG extension.