Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CU-backed candidate wins California special election
WASHINGTON (7/14/11)--Los Angeles City Councilwoman Janice Hahn (D), with the backing of the Credit Union National Association's (CUNA) Credit Union Legislative Action Council (CULAC) and the California Credit Union League, on Tuesday won a special election to take former Rep. Jane Harman’s (D) vacant congressional seat. Harman left congress in February to join the private sector. Hahn defeated Republican opponent Craig Huey, with 55% of the total vote. Hahn garnered a total of 41,585 votes, besting Huey’s 34,636. Hahn will represent California’s 36th district, which includes Venice, Torrance, Redondo Beach, and other towns in the coastal portion of the greater Los Angeles area. The district is mainly democratic. California and Nevada Credit Union Leagues Director of Political Affairs Andrea Svoboda told News Now that Hahn, who is a member of Wilmington, Calif.’s ILWU CU, “truly understands the important role credit unions play in California’s communities” and “shares credit unions’ goal of supporting small businesses to bring jobs back into our community. "Hahn has committed to having an open door when it comes to future issues and we look forward to working with her,” Svoboda added. CUNA Vice President of Political Affairs Trey Hawkins said that CULAC “will continue to aggressively support credit union friends in next fall's election.” The presidency, congressional seats, and state and local positions are all at stake in 2012.


RSS print
News Now LiveWire
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
1 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
1 hours ago
See @CUNA's @SchenkMike on TheStreet discussing a new surge consumer confidence http://t.co/SqjarTBLCQ
2 hours ago
.@CFPB pushes back cmmt deadline on proposal to allow consumer narratives in complaints database--now 9/22, was 8/22. http://t.co/mHLlRVjEij
3 hours ago
@FHFA will hold 8/14 outreach in Atlanta for homeowners who still could benefit from the HARP refinance program. More in #NewsNow Thurs.
3 hours ago