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Record crowd converges on D.C. for 2014 GAC

WASHINGTON (2/24/14)--As the Credit Union National Association launches its 2014 Governmental Affairs Conference this morning, CUNA President/CEO Bill Cheney will call on a record number of 4,400 participants to keep up their vital grassroots advocacy efforts.

These efforts are more important than ever in the face of new and existing issues facing credit unions, such as the National Credit Union Administration's recent risk-based capital proposal and ongoing tax reform talks in the U.S. Congress.

Just before Cheney's remarks, the U.S. Marine Corps Band will begin proceedings with a patriotic opening and a stirring rendition of the national anthem.

Cheney will be followed on today's schedule by former United Kingdom Prime Minister Tony Blair, who will offer GAC attendees analysis of the world's most difficult and complex issues.

The CUNA Annual General Meeting is on this afternoon's agenda, and CUNA staff will also speak today: Legislative and political updates are set to be staged just before an interesting, interactive panel discussion on credit unions in the media.

During a media panel session, former Washington, D.C. anchorman and GAC emcee Paul Berry will ask Fox News' Tucker Carlson, the Washington Post's Ylan Mui, and Politico's Lauren French how credit unions can better communicate their message to the media.

Also during the 2014 GAC, credit union representatives from across the nation will hear presentations by high-profile, Washington, D.C., policymakers and get the latest information on top credit union issues.

Other highlighted speakers this week include House Majority Whip Kevin McCarthy (R-Calif.), Minority Whip Steny Hoyer (D-Md.), Sens. Bob Corker (R-Tenn.) and Mark Udall (D-Colo.), Jon Tester (D-Mont.), Rep. Darrell Issa (R-Calif.), Rep. James Clyburn (D-S.C.), Deputy Consumer Financial Protection Bureau Director Steve Antonakes and National Credit Union Administration Chair Debbie Matz.

Also sure to attract a lot of attention: CUNA's conference will feature important breakout sessions.  Even over the weekend, CUNA staff explored hot credit union topics in depth.  For instance, CUNA held a 90 minute session on the National Credit Union Administration's risk-based capital proposal (see related story: Risk-based capital concerns aired at CUNA GAC).

Other breakout sessions will explore how to navigate the current congressional gridlock, the upcoming midterm elections, new developments in cybersecurity and payments, how federal policies impact credit union lending, and many other sessions taken from the front pages of credit union news.

And thousands of credit union representatives flood Capitol Hill and regulatory offices to advocate for credit union issues, just as Rep. Dave Camp (R-Mich.) is expected to release his long-awaited tax reform plans.

Use the resource link below for more GAC information.

Other Resources

CUNA GAC Program
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