Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
CUs among Hills top 10 lobbying triumphs
WASHINGTON (12/21/09)--The Credit Union National Association's (CUNA) and credit unions' political advocacy efforts are listed among The Hill's 2009 "Top 10 lobbying triumphs." They even topped Google and AARP on the list. The Washington, D.C.-based publication noted that in a year of corporate belt-tightening and lobbyists being "shamed month after month by an administration determined to limit their access," that doors opened for some groups especially in healthcare, energy and financial regulation. "Some companies and trade groups emerged as clear winners," said The Hill (Dec. 18). No. 3 on the list is credit unions. CUNA "scored a slew of wins this year on financial reform," said the publication, adding, "With thousands of grassroots members, the credit unions mobilized throughout the year to press lawmakers against new restrictions on the industry." The Hill also cited other credit union efforts. They also "played a central role, alongside financial firms large and small, in stopping a proposal to give bankruptcy judges greater power to rewrite the terms of primary home mortgages. The House in March had passed the proposal, derided in the industry as "cramdown," but it failed in the Senate. Then it failed again in the House, with members citing small banks and credit unions as presenting persuasive arguments against the legislation," said The Hill. Others on the list were:
* The Pharmaceutical Research and Manufacturers of America; * Independent Community Bankers of America; * Edison Electric Institute; * Google; * General Electric/Rolls-Royce; * AARP; * Auto dealers; * Clean-tech; and * Boeing.
Other Resources

RSS





print
News Now LiveWire
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
9 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
10 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
10 hours ago
.@politico reports Democrats haven't picked the city yet, but their 2016 convention will be held the week of July 25.
10 hours ago
.@cuna, @DCUC_HQ urge @CFPB to exempt #CUs from changes to Military Lending Act rules cuz CUs aren't part of the targeted problem. NN Monday
13 hours ago