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.
Despite a raging battle over member business lending, credit union and bank trade associations agree on four House bills that address cyber security.
CUNA unfazed by legislative delay.
Lawmakers back in Washington after two-week recess.
Legislation that would raise the cap on credit unions' business loans to members is poised for a mid-April showdown in the Senate.
WASHINGTON — The timing is perfect for credit unions to lobby their congressional representatives to lift the business lending cap, a key CUNA lobbyist told the GAC.