Funding for the federal government is scheduled to expire Sept. 30. House Republicans had announced a continuing resolution but pulled it from the House floor without a vote last week. House leadership hopes to have the chamber consider the measure this week. The Senate Banking Committee holds a hearing Wednesday on the macroeconomic impacts of …
Credit union advocates welcomed members of Congress back to Washington, D.C., holding meetings and events in conjunction with America’s Credit Unions’ Congressional Caucus. As Congress faces government funding deadlines and limited time to pass bills before year-end, credit unions were at the table with policymakers and staff – demonstrating why they should address credit union …
Credit unions advocate for priorities as Congress plans for September Read More »
The credit union tax status was not discussed during the Senate Finance Committee hearing on tax avoidance Thursday, but the Tax Foundation witness did reference a report that challenges the credit union tax status in a footnote of their written testimony. In advance of the hearing, America’s Credit Unions President/CEO Jim Nussle wrote a comprehensive …
Credit union tax status unmentioned in tax hearing Read More »
Credit unions marked another day of successful meetings on Capitol Hill Thursday, meeting with Senate and House officials to share both concerns and ideas for future opportunities. The visits took place as America’s Credit Unions Congressional Caucus brought credit unions and state leagues together in Washington, D.C. Additional league and credit union visits are …
Credit unions continue to highlight priorities for remainder of 118th Congress Read More »
The NCUA board will vote on two final rules and receive a quarterly update on the National Credit Union Share Insurance Fund at its Sept. 19 meeting. The meeting will be livestreamed on NCUA.gov starting at 10 a.m. Eastern. The complete agenda is: America’s Credit Unions’ legacy organizations supported the simplification of insurance rules proposal, …
NCUA to vote on insurance rule simplification, fair hiring final rules Sept. 19 Read More »
Protecting the credit union tax status is at the forefront as the Senate Finance Committee holds the first of what will likely be many tax hearings with key provisions of the Tax Cuts and Jobs Act scheduled to expire at year end 2025. America’s Credit Unions President/CEO Jim Nussle wrote to the Senate Finance Committee …
Defending the credit union tax status, highlighting its consumer impact Read More »
“How far have we come?” and “Where do we go from here?” Keynote speaker Bakari Sellers tackled those two questions with attendees Wednesday as he wrapped up the Congressional Caucus. The author, CNN analyst, and youngest-ever elected official in South Carolina history said those questions were essential to progress. “The unique part about the work …
Sellers challenges Caucus attendees to focus on building community Read More »
Multiple members of Congress addressed the audience at the 2024 Congressional Caucus Wednesday, following two previous days of members and other policymakers taking the stage. Rep. Pete Aguilar, D-Calif., who also serves as House Democratic Caucus Chair, spent eight years working at a credit union in California, which he credited for teaching him how to …
Members of Congress encourage ‘strong, unified voice’ from credit unions Read More »
The Treasury’s Community Development Financial Institutions (CDFI) Fund has seen an “unprecedented increase” in CDFI-certified credit unions, CDFI Fund Director Pravina Raghavan told Caucus attendees Wednesday, a trend she would like to see continue. The CDFI Fund makes capital grants, equity investments, and awards for technical assistance to CDFIs. “Since December 2020 we’ve seen almost …
CDFI Fund, CISA leaders stress need for continued advocacy, collaboration Read More »
Credit union advocates continued to meet with key members of Congress and regulators while in Washington, D.C., for the 2024 Congressional Caucus. While many legislators spoke from the main stage, even more met with Leagues and credit unions on Capitol Hill during the week.
