U.S. Rep. Tim Walz (D-Minn.), shown here, and Sen. Amy Klobuchar (D-Minn.) were recent guests of the Minnesota Credit Union Network to talk about legislation to raise the member business lending cap and other issues.

The Minnesota Credit Union Network is the latest to host legislators to discuss industry issues including raising the member business lending cap.

The Sept. 27-28 meetings were held with Congressman Tim Walz (D-Minn.) and Sen. Amy Klobuchar (D-Minn.) The conversations focused on the Small Business Lending Enhancement Act (H.R. 1418 and S. 509), which would increase the MBL cap from 12.25% of assets to 27.5%, according to the network.

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