WASHINGTON — Representative Jeb Hensarling (R-Texas), anopponent of credit unions on a number of issues, told today'shearing before the House Financial Service Committee regulatoryreform for credit unions that he has become a member of a creditunion. “But don't get your hopes up too much, he told some creditunion members he recognized from his district who were in thehearing room, “I haven't co-sponsored CURIA.”


Hensarling said he has an open mind, but not an empty mind onthe issues before the committee and he expressed hope that therewas sufficient common ground in the Credit Union Regulatory ReformAct, the new measure which contains much of what CURIA contains butwithout the most controversial elements, for him to support it.

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