WASHINGTON-Former New York Congressman Gerald Solomon (R), an original sponsor of the Credit Union Membership Access Act (CUMAA), died last week. He was the former chairman of the House Rules Committee. Solomon "will be sorely missed," NAFCU Senior Vice President and General Counsel Bill Donovan said. Donovan recalled that the congressman announced the introduction of CUMAA in the House at NAFCU's Congressional Caucus. Solomon also had the bill separated out from the general financial services modernization bill, which did not pass until the following year.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.