Senate Minority Leader Harry Reid (D-Nev.) announced on Fridaythat he is not seeking re-election in 2016 and endorsed Sen.Charles Schumer (D-N.Y.) to assume his post as leader of the Senate Democrats.
“Senator Reid has a long history of credit union supportthroughout his career,” CUNA President/CEO Jim Nussle said. “On behalf of more than 102million credit union members, I thank him for his leadership overthe years and wish him all the best.”
Reid predicted that Schumer would be elected to replace him asthe Democratic leader in 22 months.
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