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.
Rep. Paul Ryan (R-Wis.) ready to reform the entire tax code and find common ground with President Obama.
Dennis Fisher of the $7M First Security CU says CUNA, leagues and regulators may have regrets in taxation fight.
In a consolidating industry, regulatory relief is a necessity, NAFCU leader urges.
NAFCU and CUNA prepare to protect tax exemption this year in anticipation of possible tax reform.
Trade group also cites national data security as a pressing concern.
Sen. Tom Coburn (R-Okla.) advocates for the elimination of the CU tax exemption in a new report.
Those who advocate against FOM risk the industry's tax exemption.
Speaking at an Operation Choke Point forum, the congressman said growth pressures force credit unions to act like banks.