CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • COVID-19
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » Sen. Toomey will not seek re-election in 2022
Policy & Issues

Sen. Toomey will not seek re-election in 2022

October 5, 2020
Cap1

Sen. Pat Toomey (R-Pa.) announced Monday he will not seek re-election in 2022. Toomey, a member of the Senate Banking Committee, has served in the Senate since 2011, and represented Pennsylvania’s 15th Congressional District from 1999 to 2005.

CUNA President/CEO Jim Nussle, who served several terms in Congress alongside Toomey in the House Budget Committee, thanked Toomey for his advocacy on behalf of credit unions.

“Sen. Toomey is a longtime champion of credit unions, and a friend of mine dating back to our time together in the House Budget Committee. He consistently worked to reduce regulatory burden so that credit unions can expand access to safe and affordable products and services. This includes support for examination and privacy notice modernization and earlier this year calling for easier access to the Paycheck Protection Program for borrowers and lenders. We congratulate Sen. Toomey on his decision and wish him and his family the best going forward.”

Toomey currently chairs the Senate Banking subcommittee on securities, insurance, and investment.

He has sponsored legislation that would raise the Consumer Financial Protection Bureau examination threshold to $50 billion (up from the current $10 billion), and supported privacy notice modernizations that were signed into law at the end of 2015.

Credit Union Magazine - Winter 2020

Winter 2020

Credit Union Magazine’s Winter 2020 edition features CUNA’s 2021 lending outlook, CEO insights on adjusting to the pandemic, and board recruitment strategies.
Digital Edition •  Subscribe

Trending

  • Compliance: 2020 Year in Review, Checklist now available

  • 5 fraud predictions for 2021

  • CUNA sends recommendations to incoming Biden administration

Tweets by CUNA_News

Polls

Will you ask employees to receive the coronavirus vaccine?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites
  • Privacy Policy

Resources for

  • CUNA Board Members
  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors