America’s credit unions play an integral role in helping working families achieve homeownership, CUNA and NAFCU wrote to a House Financial Services subcommittee in advance of its hearing on housing affordability.

Rep. Kevin McCarthy, R-Calif., announced Wednesday he will resign from Congress at the end of the year. McCarthy, who served as Speaker of the House from January to October, has served in Congress since 2007 and has been a strong credit union supporter dating back to before his time in Congress.

CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer Jason Stverak were named among The Hill’s top lobbyists for 2023 as “impactful advocates [that] stand out for the results they’ve delivered for their clients, companies, trade associations and advocacy groups in the nation’s capital.”

CUNA, NAFCU, and financial services organizations wrote to President Joe Biden this week asking for him to emphasize the need for proper rulemaking procedure, noting the CFPB continues to issue guidance that operates as a rule without the notice and comment process.

More needs to be done to ensure credit unions have the tools and mechanisms to reach new consumers who are not currently being served, CUNA and NAFCU wrote to a House Financial Services subcommittee prior to its hearing on financial innovation.