Congress has been busy. In addition to the entertaining but inconsequential 'splain yourself hearings with various agency honchos, the House Financial Services Committee advanced some credit union legislation. Some bills were new while others had been gathering dust for years.

Don't get too excited about this. It's not as if Congressional gridlock died. Rather, our elected officials needed new talking points for the Chamber of Commerce pancake breakfasts they have scheduled over the upcoming Easter break.

Truth be told, credit unions have more going for them in this congress than the last one. The nine regulatory relief bills that passed the HFS committee aren't necessarily sentenced to a slow and painful death in the Senate. With Republicans in charge, some of these bills might actually make it all the way to a President Obama veto.