FOR IMMEDIATE RELEASE
Contact: Vicki Christner – CUNA Communication; 202-329-9950; firstname.lastname@example.org
Washington, DC (September 13, 2017) – The House of Representatives adopted the CUNA/League-backed Amodei-Aguilar amendment on NCUA by voice vote today. The bipartisan amendment from Reps. Mark Amodei (R-Nev.) and Pete Aguilar (D-Calif.) removed a provision placing NCUA under the appropriations process from House appropriations bill H.R. 3354, which is scheduled for a vote Thursday afternoon.
“This is a huge victory for credit unions and their member-owners. We thank Reps. Amodei and Aguilar for their steadfast leadership in keeping NCUA out of the appropriations process and the thousands of CUNA/League credit union activists who took action – these voices made all the difference on the Hill,” said Jim Nussle, CUNA president/CEO. “Placing NCUA under appropriations would be the functional equivalent of a hidden tax on credit unions and their members.”
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 110 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org.