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Home » Credit union/bank battle on NDAA detailed in Politico
Policy & Issues

Credit union/bank battle on NDAA detailed in Politico

September 23, 2019

On Monday, one of the top-read publications on Capitol Hill, Politico, covered credit unions’ push to keep a harmful provision out of the fiscal year 2020 National Defense Authorization Act (NDAA). Featuring CUNA Chief Advocacy Officer Ryan Donovan, the article noted the continued advocacy that credit unions are engaging in around this important topic, noting that credit union advocates from Illinois, Minnesota, New York, Ohio, Montana, and West Virginia are among those who will be addressing the matter with elected officials during Hike the Hill visits this week.

CUNA issued an action alert Friday urging credit union advocates to contact their members of Congress, asking them to reject Section 2821 and protect the financial security of our servicemembers. Advocates looking to make their voice heard can do so using CUNA’s Grassroots Action Center.

The NDAA is currently in conference committee as members from both chambers attempt to work out the differences between the two versions before being signed into law. Earlier this year, CUNA/League advocacy helped ensure no such provision appears in the version passed by the House, but action must be taken this week to keep Section 2821 out of the final bill.

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