WASHINGTON (3/17/15)--With regulatory relief, data security and patent litigation being addressed in congressional committee hearings this week, Chief Advocacy Officer Ryan Donovan details CUNA's involvement and input in the latest edition of CUNA's "The Weekly Legislative Update."
Foremost is Wednesday's House Financial Services Committee hearing on regulatory relief before which Patrick Miller, president/CEO of CBC FCU, Oxnard, Calif., will testify on CUNA's behalf.
"We hope that this hearing is something of a prelude to committee action in the very near future. It's going to be very similar I think to the hearing the Senate Banking Committee held in February, and we hope that hearing is a prelude for that committee to take action as well," Donovan said regarding the hearing, titled "Preserving Consumer Choice and Financial Independence."
"We will be presenting several regulatory relief proposals, and also trying to help the committee as they tackle the question of what exactly are the burdens facing credit unions and other smaller institutions," he added.
Other hearings of interest this week include: