Shelley Moore CapitoWASHINGTON – Speakers who represented influential members of Congress for credit unions closed out the final day of CUNA’s Governmental Affairs Conference here Wednesday morning. Most speakers were either sponsors of credit union legislation or leaders of financial committees.

Rep. Shelley Moore Capito (R-W.V.) is chairwoman of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit. She could gain even more clout on Capitol Hill later this year if she is successful in her run for the U.S. Senate, attempting to fill the seat left vacant by longtime Sen. Jay Rockefeller, who announced his retirement in late 2012.

Capito said she’s still concerned about the effect the Consumer Financial Protection Bureau’s qualified mortgage rule will have on banks and credit unions. She said the House Financial Services Committee will continue to keep a close eye on the rule.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.