Speaker of the House Nancy Pelosi (D-Calif.) thanked CUNA, the California Credit Union League, and credit unions for the work they do in her video address to the 2021 CUNA Governmental Affairs Conference (GAC) Wednesday. Pelosi’s remarks kicked off Wednesday’s sessions, and were followed by numerous other messages from legislators throughout the day.
“As our nation confronts the COVID-19 pandemic, an economic crisis, [credit unions] have been on the frontline, working tirelessly to meet the needs of your communities and safeguard countless families and small businesses from the growing toll of the dual crises,” she says.
Pelosi says Congress worked “relentlessly” to ensure small set-asides to prioritize community-based lenders such as credit unions were included in Paycheck Protection Program (PPP) funding.
“In December we extended provisions critical to helping credit unions meet your liquidity needs so you can continue to assist underserved businesses, retail customers and our most vulnerable communities hit hardest by the pandemic,” she says.
Pelosi was one of several Congressional speakers who addressed CUNA GAC Wednesday, which followed addresses from Senate Majority Leader Chuck Schumer (D-N.Y.) and others Tuesday.
Video addresses from members of Congress are available to GAC registrants under the “Agenda” tab for Tuesday or Wednesday.
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