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.
In its latest push to gather support for increasing the member business lending cap, NAFCU recently called on the SBA to aid in the fight.
Samuel R. Whitfield Jr. is CUNA's new vice president, legislative affairs.
The House of Representatives has passed the Jumpstart Our Business Startups Act by a bipartisan vote of 390 to 23, but without any provision for lifting the cap on credit union member business lending.