Former Congressman Eric Massa (D-N.Y.), who resigned this week in the wake of allegations about inappropriate behavior toward male aides, was a co-sponsor of the bill to raise the cap on member business loans to 25% of assets.
Massa, who received $1,000 from CUNA's political action committee this cycle, cited the charges against him and his own health problems as reasons for departing Congress.
He wasn't a member of the Financial Services Committee.
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Fortunately, for credit unions, 10 new lawmakers signed on to the legislation this week, bringing the total number of co-sponsors to 99.
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