Regulatory & Compliance

WASHINGTON Rep. Spencer Bachus (R-Ala.) had good news for credit unions during his speech Tuesday morning at CUNAs GAC.

If I have anything to do with it, there will not be taxation on our credit unions, the House Financial Services chairman said.

If I have anything to do with it, there will not be taxation on our credit unions, the House Financial Services chairman said.

These photos by John Cooke capture some of the action of the first day of sessions Monday at the 2013 GAC in Washington, D.C.

These photos by John Cooke capture some of the action of the first day of sessions Monday at the 2013 GAC in Washington, D.C.

Borrowers and lenders of loans backed by the SBA will have greater access to capital and less paperwork to deal with.