FOR IMMEDIATE RELEASE

CONTACT: Lauren Williams – CUNA Communications; (202) 626-7642; lwilliams@cuna.coop          

Washington, DC (March 14, 2018) – Jim Nussle, Credit Union National Association president/CEO, released the following statement after U.S. Rep. Ross (R-FL) introduced H.R. 5266 yesterday evening to create a commission at the CFPB.

“CUNA maintains that the best leadership structure for the CFPB is a multi-member commission, and we’re pleased to see a bipartisan bill introduced to accomplish this,” said CUNA President/CEO Jim Nussle. “Recent uncertainty over the bureau’s leadership has illustrated perfectly why such a commission is needed, for the sake of consumers and the financial institutions that serve them.”

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About CUNA 
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.