Despite widespread credit union opposition to the bill, CUNA CEO Bill Cheney will be among the dignitaries on hand when President Obama signs the financial reform bill into law, CUNA confirmed.
|Representatives from NAFCU were also invited to attend the signing, which will be held in the Ronald Reagan Building in Washington, but declined because of a conflict with NAFCU's annual conference in Chicago.
|A majority of credit unions soured on the measure after it came to include an amendment which could significantly reduce their debit card income, but the bill still included many elements that credit unions support.
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