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CUNA Says Relief Bill Is Good As First Step

Credit Union National Association President/CEO Bill Cheney Friday commended Rep. Blaine Luetkemeyer (R-Mo.) for introducing legislation that would address several regulatory burdens facing credit unions and community banks.

"This legislation is a good first step toward providing regulatory relief, but it can only be viewed as a first step," Cheney said Thursday night when the bill was introduced. "More will need to be done to address the cumulative effect of regulatory changes that continue to challenge credit unions."

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Tags: regulatory relief, Congress

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