WASHINGTON-The Credit Union Regulatory Improvements Act (H.R. 2317) garnered two more lawmakers for its list of co-sponsors. Democratic Congressmen Russ Carnahan (Mo.) and John Olver (Mass.) added their names to bring the total congressional support to 105, despite the controversial resignation of CURIA-backer Randy Cunningham (R-Calif.). The legislative session is winding down for Congress this year, but one credit union lobbyist held out hope for a hearing on the issues contained in CURIA in the second session of the 109th Congress. The chances for the Financial Services Regulatory Relief Act (H.R. 3505) this year, which includes many of the same provisions as CURIA and was previously thought to have an outside shot of passing the House before Congress adjourned this year, are dead, according to another lobbyist.

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

Copyright © 2023 ALM Global, LLC. All Rights Reserved.