Treasury and the Small Business Administration yesterday released their Report to the President on small business financing.

Two of the items that could impact credit union were expanding eligibility for Emergency Economic Stabilization Act funds to all credit unions and raising the cap on credit union member business lending from the current 12.25% of assets. The report was outlining comments made during a government forum held earlier this year.

However, the report read, "Many of the ideas listed in this report are not ones the administration supports or agrees with, but we believe that the best policies are made when we engage in an open dialogue. As a result, we wanted to present for discussion the broad range of views set forth that pertained directly to access to credit or job creation."