Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Dean Scarborough agree to disagreeexcept on CUs
WASHINGTON (2/25/10)--When Howard Dean and Joe Scarborough entered the stage to close Wednesday’s general session, they immediately agreed to disagree. But one of the things they did agree on was the fact that credit unions need the ability to expand member business lending, and they need alternative capital. Dean, former head of the Democratic National Committee, and Scarborough, host of MSNBC’s “Morning Joe,” spoke at the Credit Union National Association’s Governmental Affairs Conference in Washington, D.C., which wraps up today. The former politicians gave advice to credit unions on how to get what they need from lawmakers. Visits to Capitol Hill aren’t enough, Dean said. “You need a grassroots effort” to push your initiatives through. But get members involved because the peoples’ “votes will do it.” Scarborough advised credit unions to “use your grassroots army like nothing else.” “I’ve never seen a better lobbying effort in the late 1990s than what credit unions put forth,” Scarborough said, referring to credit unions’ campaign to pass H.R. 1151. “It wasn’t coming from K St. It came from credit union members, e-mailing me, people coming to my office.” Though Scarborough and Dean disagreed on items such as healthcare and jobs, Scarborough noted some positive bipartisan developments. He said he expects a Senate jobs bill to pass with Republican support, and Republicans and Democrats are teaming up to discuss tax cuts. With high unemployment rates, he also added that a jobs bill would help the economy grow.


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
13 hours ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
14 hours ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
16 hours ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
16 hours ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
17 hours ago