WASHINGTON-Despite the American Bankers Association's efforts to thwart the Credit Union Regulatory Improvements Act (H.R. 2317) by handing out "credit union madness" basketballs on the Hill late last month, more lawmakers have signed on to co-sponsor the bill. Representatives Nita Lowey (D-N.Y.) and Stephanie Tubbs Jones (D-Ohio), are the latest to sign on to CURIA, which would establish a risk-based capital framework for credit unions, expand member business lending thresholds, and provide several items of regulatory relief. The pair brings CURIA's total congressional backing up to 119.
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