CUNA-League advocacy is about collaboration, CUNA President/CEO Jim Nussle wrote in CUInsight this week. That collaboration will be used in the next Congress to help credit union members and consumers.
"We can’t afford to go through another session of Congress without legislation addressing data privacy and security. Data breaches are increasing in size and complexity, and consumers are still left with a patchwork of state laws, if anything at all," Nussle wrote. "Increasing collapses of cryptocurrency firms show an immediate need for strong regulation and supervision. It also shows the need for credit unions—the original consumer protectors—to be allowed maximum flexibility to operate in this space in a safe and sound manner.
"These are just a few bipartisan, common-sense, big picture items we’re looking to move forward in the next Congress, using credit unions’ mission and structure to safely offer the latest products and services people want," he adds.
Nussle also said the story of people helping people is what Congress--especially its newest members--need to hear, and the place to start is the 2023 CUNA Governmental Affairs Conference.