President Trump's budget proposal eliminates CDFI and credit union tax exemption will be examined.
The ICBA pushes the Trump Administration to review the tax-exemption status of credit unions.
A new congressional report shows the credit union tax exemption will cost $14.4 billion in the next five years.
The ICBA promises to continue fighting the credit union tax exemption.
NAFCU’s Berger disputes statements made by Iowa’s King in a letter, which called credit unions’ tax exemption into question.
In a letter, the ABA’s Rob Nichols says credit unions have outgrown the need for a tax exemption.
Capitol Hill signals suggest a foundation for the coming round of tax reform in 2017, after a new administration and Congress are seated.
It is wrong to paint Sen. Richard Shelby (R-Ala.) as an adversary to the credit union industry.
Sen. Richard Shelby (R-Ala.) won't commit to keeping the credit union tax exemption as part of a tax reform package.
Senate Banking Committee chairman will not go on record regarding his position on protecting the CU tax exemption.