X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON-Prior to attacks, credit union lobbyists were very optimistic for the future of the bankruptcy reform legislation, but now nonessential items before Congress have been pushed into the background. According to recent reports from CUNA’s lobbying team, Congress will probably adjourn mid-October, following the passage of legislation related to the war on terrorism and appropriations bills. “We do not anticipate seeing bankruptcy reform in this session,” CUNA Vice President and Senior Legislative Counsel Gary Kohn said. On the good news front, the president signed the airline relief bill package (H.R. 2926). Both CUNA and NAFCU had written letters supporting the initiative. More than one million people are members of airline-sponsored credit unions, but there is no way to know how many of them are laid off airline employees.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.