113 Lawmakers Now Support the Bill

WASHINGTON – Five lawmakers have added their names to the growing list of co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 2317) bringing the grand total to 113. Representatives Tom Lantos (D-Calif.), Eddie Bernice Johnson (D-Texas), Alan Mollohan (D-W.V.), Carolyn Kilpatrick (D-Mich.), and Ted Poe (R-Texas) signed up to co-sponsor the proactive piece of credit union legislation. Credit unions are likely at the forefront of the minds of members of Congress following CUNA’s Governmental Affairs Conference where 4,200 officials were in town to meet with their members of Congress. Additionally, on March 1, credit union representatives from NCUA, NASCUS, CUNA, and NAFCU testified before the Senate Banking Committee asking that they include key provisions from CURIA in any regulatory relief legislation introduced; Crapo said he expected to introduce legislation this month and hold a markup.