WASHINGTON (2/19/15)--Nearly 5,000 credit union leaders will bring a robust agenda to members of the U.S. Congress and other policymakers at CUNA's upcoming Governmental Affairs Conference, says CUNA Chief Advocacy Officer Ryan Donovan.
In CUNA's "The Weekly Legislative Update," Donovan highlights how GAC participants will come ready to talk about preserving the credit union tax status, stopping merchant data breaches and improving merchant data security standards, and enacting credit union regulatory relief in the wake of Dodd-Frank and other rulemakings.
"Credit unions weren't part of the problem (which caused the economic downturn), but they're certainly being impacted by the solution to the problem. We need to tell Congress to remove those barriers and let credit unions serve their members--that's the key message we're going to be delivering at the GAC," Donovan says in the update.
Click on the video below to watch CUNA's legislative update for this week.
Donovan adds that the agenda CUNA is bringing to Congress is closely aligned with what lawmakers are attempting to do in the early days of the 114th Congress.
"We've asked Congress to stop merchant data breaches, and we've seen hearings in the House Energy and Commerce Committee and the Senate Commerce Committee on those issues. And those are just the first of what we expect to be several hearings on data breaches and cybersecurity," Donovan said. "We've also seen Congress take some small steps toward removing barriers for credit unions to more fully serve their members."