FOR IMMEDIATE RELEASE
October 31, 2023
Rep. Earl Blumenauer, D-Ore., announced he will not seek re-election in 2024. Blumenauer has served in Congress since 1996, and has supported numerous credit union priorities during his career.
“We thank Rep. Blumenauer for being a strong credit union supporter throughout his time in Congress, from supporting our legislation to meeting regularly with credit unions both in Washington, D.C., and Oregon,” said CUNA President/CEO Jim Nussle. “He supported numerous bills that would help credit unions do more for their members, including increase member business lending and supporting cannabis business, and we wish him and his family the best."
“Rep. Earl Blumenauer has been a leader for Oregonians and for Americans since he joined Congress in 1996. He is a long-time champion of credit unions in particular, standing tall in support of our tax exemption during his long service on the House Ways and Means Committee, understanding how that tax structure benefits people and communities,” said Jennifer Wagner, EVP and chief advocacy officer, GoWest Credit Union Association. “He was also an early advocate of legislation that would allow credit unions and other financial institutions to safely serve legal cannabis businesses. It will be hard to imagine Congress without Earl Blumenauer. But as he said, he’s not done with Congress yet. In the next 14 months, we look forward to partnering with Rep. Blumenauer to move priorities forward that will help credit unions serve the more than 130 million consumers who’ve chosen them as their financial services partners.”
Blumenauer was part of a bipartisan group that introduced the SAFE Banking Act in both the House and Senate in April, and offered it as an amendment to the FY23 National Defense Authorization Act.
Credit Union National Association (CUNA) advocates on behalf of America’s credit unions, which are owned by more than 137 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. To find your nearest credit union, visit YourMoneyFurther.com.