CUNA wants to see President Donald Trump address ways regulatory relief could help American consumers during Tuesday’s State of the Union address.

“CUNA and credit unions saw several victories in 2017, but more work remains, and at the top of that list is the Senate’s bipartisan, regulatory relief bill. The administration has made good on some of its promises to lighten regulatory burden to spur economic growth, but we’d like to see a more focused approach on community financial institutions and what they can do for consumers,” said CUNA President/CEO Jim Nussle. “We’ve had productive engagement with the administration and federal regulators about ways this can be achieved, and we’ll continue going forward to see the primary pillars of our advocacy agenda addressed.”

CUNA unveiled its bold 2018 advocacy agenda at the beginning of the year, with Chief Advocacy Officer Ryan Donovan saying CUNA plans to “revolutionize the operating environment for credit unions” by:

• Reducing regulatory burden so that credit union members have access to more efficient and affordable financial services from credit unions;
   
• Expanding and protecting credit union powers so consumers and small businesses can more easily access the credit union services they need and demand;
   
• Enhancing payment security to reduce the impact that merchant data breaches have on credit unions and their members; and
   
• Preserving the credit union tax status so that credit union members continue to enjoy not-for-profit cooperative financial services.

Trump’s address is scheduled to begin at 9 p.m. (ET) Tuesday.