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The combination of election-year politics and the desire of lawmakers not to have to choose between credit unions and community bankers have helped erect a series of roadblocks to raising the cap on member business lending.

Senate leaders were, at press time, still negotiating what the terms of debate on the small business lending bill would be. It was unclear whether they would allow Sen. Mark Udall (D-Colo.) to offer his amendment that would raise credit unions’ business lending cap from 12.25% of assets to as much as 27.5% assets.

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