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CUNA and Treasury meet on CU issues
WASHINGTON (4/15/08)—Credit Union National Association (CUNA) representatives met Monday with U.S. Treasury Assistant Secretary for Financial Institutions David Nason and other Treasury official to further discuss CUNA’s opposition to certain provisions of the agency’s regulatory reform ideas. The CUNA team also discussed prompt corrective action reform proposals, the Credit Union Regulatory Improvements Act (CURIA, H.R. 1537), which contains a PCA reform provision, and the Credit Union Regulatory Relief Act (CURRA, H.R. 5519) with Nason, his deputy assistant secretary, Jeremiah Norton and other Treasury representatives. The CUNA contingent included President/CEO Dan Mica, Senior VP of Legislative Affairs John Magill, General Counsel Eric Richard, and Deputy General Counsel Mary Dunn.


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