WASHINGTON — Although speakers at NAFCU's Congressional Caucus pledged their support for credit union member business lending , not one member of Congress said MBL legislation would be passed before the end of this year.
Many speakers echoed Rep. Ed Perlmutter (D-Colo.), who said few days remain before members of Congress leave Washington to campaign and fiscal and deficit issues will dominate the lame duck session.
Sen. Rand Paul (R-Ky.) said just because Sen. Harry Reid (D-Nev.) told credit union leaders they would get a vote on MBL this year, doesn't guarantee a vote.
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