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.
Bill aimed at ending lawsuits over ATM disclosures.
Even after news that a vote on S. 2231 won’t happen as quickly as hoped, credit union trade associations say they aren’t pursuing a Plan B to promote legislation that would raise the member business lending cap to 27.5% of assets.
Lawmakers stuck between rock and hard place as lending cap bill languishes. This from the May 9 print edition of Credit Union Times.
Despite comments made by co-sponsor Sen. Chuck Schumer (D-N.Y.) April 23 that suggested a vote on S. 2231 may be delayed, credit union trade associations continue to crash the net in support of the Small Business Lending Enhancement Act.
Schumer comments on MBL vote seen as contradiction to Reid promise that vote expected sooner. A preview from next week's print edition.