FOR IMMEDIATE RELEASE
Contact: Vicki Christner – CUNA Communications; 202-329-9950; email@example.com
Washington, DC (January 18, 2018) - The House Financial Services Committee passed four CUNA-backed regulatory relief bills in a markup that included a total of 17 bills. A number of committee members cited CUNA support for the bills, and Rep. Scott Tipton (R-Colo.), specifically cited CUNA’s support for one.
“These bills would provide much-needed regulatory relief for credit unions and other community financial institutions and work to move away from the one-size-fits-all regulatory regime that is ultimately harming American consumers,” said CUNA President/CEO Jim Nussle.
CUNA-backed bills include:
These bills address many of CUNA's goals in its bipartisan, pro-consumer Campaign for Common-Sense Regulation, which was launched earlier this year.
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.