A bill that would provide an appeals process for financial institutions dissatisfied with the results of their examinations is a “firm step in the right direction’’ towards reforming the “inconsistency and sometimes heavy-handedness of the examination process,’’ CUNA President/CEO Bill Cheney said in a letter to lawmakers.

The measure has 66 co-sponsors in the 435-member House of Representatives. No companion bill has been introduced in the Senate. Its main sponsors are Rep. Shelley Moore Capito (R-W.Va.), the chairman of the subcommittee with primary jurisdiction over credit union issues, and Rep. Carolyn Maloney (D-N.Y.), the panel’s ranking Democrat.

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