(FROM CUNA's NEWS NOW)WASHINGTON (7/31/14)--U.S. Sens. Angus King (I-Maine), Deb Fischer (R-Neb.), Mark Warner (D-Va.), and Jon Tester (D-Mont.) unveiled new legislation Wednesday intended to provide immediate regulatory relief for America's credit unions and community banks.
Calling these smaller... More
WASHINGTON (7/30/14)--The House Financial Services Committee examined a number of regulatory relief bills Tuesday, and of the three supported by the Credit Union National Association, one was passed and the other two will go to a recorded vote this morning. Several representatives from both parties... More
(From the Credit Union National Association)
The House subcommittee on commerce, manufacturing and trade voted 13-6 Thursday to advance a bill designed to combat abusive patent demand letters. The Targeting Rogue and Opaque Letters (TROL) Act of 2014 would crack down on unfair or deceptive practices... More
Jean Peterson embraces an idea espoused by Harriet May, retired CEO of GECU in El Paso, Texas, and former CUNA Board chair: It’s time to stop living in fear of taxation and regulation and start promoting, rather than defending, credit unions.
This approach has served Peterson well in the wake of recent... More