Francisco "Quico" Canseco, the freshman Republican representative from Texas' 23rd District told a group of Latino credit union executives that he supports credit unions' tax exemption.

"I strongly support credit unions and everything they do for this great country," Canseco told attendees at the Network of Latino Credit Unions and Professionals networking lunch and awards ceremony "I can't see any reason to change the credit union tax exemption," he added to strong applause.

The Network held its luncheon at the National Press Club in Washington DC in conjunction with the CUNA Governmental Affairs Conference.

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