The House Financial Services Committee passed 8 CUNA-supported regulatory relief bills in a markup Thursday. CUNA wrote to committee leadership supporting the bills leading up to the markup.
“We thank the committee for passing these bipartisan regulatory relief bills that will help credit unions better serve their members,” CUNA President/CEO Jim Nussle said. “These bills are a step toward removing barriers keeping consumers from more affordable mortgages and other products. We’re encouraged by the committee’s action today, and will continue our engagement to get these bills to the House floor, the Senate, and across the finish line.”
The bills CUNA supported, and reasons for the support, are:
The bills would address many of CUNA's goals in its bipartisan, pro-consumer Campaign for Common-Sense Regulation, which was launched earlier this year.