WASHINGTON (11/12/14)--The U.S. Congress this week returns to session one last time before leadership in the Senate changes over at the beginning of the new year. There are several items of business that chamber must resolve before it adjourns for the year, and others that the Credit Union National Association hopes to push forward to a favorable resolution.
Ryan Donovan, senior vice president of legislative affairs for CUNA, said that historical trends in the "lame duck" session show that changes in party control can lead to an uptick in passage of legislation.
Congress must pass legislation to fund the government past Dec. 11, whether in the form of a short-term continuing resolution or an omnibus to fund the government through the end of the next fiscal year.
"If history is a guide, we can also expect to see a flurry of movement on noncontroversial bills before the end of the session," Donovan said. "So, even though the headlines tell us not to expect much to happen before adjournment, noncontroversial bills may have an opportunity in the final weeks of Congress. At this point, we expect both chambers to adjourn on or about December 12."
CUNA is seeking to move three House-passed regulatory relief bills through the Senate before the early-December adjournment. These bills are:
"We have been working with the sponsors and leadership during the recess to find ways to move these bills during the lame duck, and we will continue those conversations now that Congress has returned to Washington," Donovan said.
CUNA staff also met with Hill staff and administration officials during the recess to continue to raise concerns regarding notification, merchant data security standards and reimbursement to credit unions and other financial institutions.