Heather AndersonCongress has beenbusy. In addition to the entertaining but inconsequential 'splainyourself hearings with various agency honchos, the House FinancialServices Committee and others advanced some legislation. Some billswere relatively new while others had been gathering dust foryears.

Don't get too excited about this. It's not as if Congress wasself-motivated to take action. They just want to get enoughaccomplished so they can bring new talking points home to thoseChamber of Commerce pancake breakfasts they have scheduled over theupcoming Easter break.

Truth be told, credit unions have more going for them in thiscongress than the last one. The nine regulatory relief bills thatpassed the HFS committee aren't necessarily sentenced to a slow andpainful death in the Senate. With Republicans in charge, some ofthese bills might actually make it all the way to a President Obamaveto.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.