"In Kansas, we approach it from the standpoint of 'is it an approved activity for the credit union.' We want to know if the CUSO activity is a sound one."
–John P. Smith, administrator of the Kansas Department of Credit Unions
"Finding the balance, where you have effective resolution authority but without money going to people who shouldn't get it-without rewarding people who screwed up-that's [a] difficult issue that we're making some progress on."
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–House Financial Services Committee Chairman Barney Frank (D-Mass.) told reporters
"There's so much money out there in campaigns, a member of the House can spend $3 million to $4 million for a race. And political action committee contributions have stayed at $10,000 per race since 1976. So that limits the influence of any one political action committee."
–CUNA Senior Vice President for Legislative Affairs John Magill, responding to a question about how much influence in the legislative process a trade association has as a result of its campaign contributions
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