Conservative firebrand Sen. Jim DeMint (R-S.C.), a founding member of the Senate Tea Party Caucus, announced Thursday he will resign from office in January to become president of The Heritage Foundation.

Recent credit union experience with DeMint was his move to stall S. 3392, a bill that would eliminate the ATM placard disclosure requirement and stop frivolous lawsuits against banks and credit unions when the signs are missing or have been vandalized.

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