BREAKING:
CUNA/League grassroots activism leads to CU victory in keeping NCUA out of appropriations process
 
The House of Representatives adopted the CUNA/League-backed Amodei-Aguilar amendment on NCUA by voice vote today. The bipartisan amendment from Reps. Mark Amodei (R-Nev.) and Pete Aguilar (D-Calif.) removed a provision placing NCUA under the appropriations process from House appropriations bill H.R. 3354, which is scheduled for a vote Thursday afternoon.
 
LCUL and Adams & Reese, LLC have been monitoring this issue closely, communicating the latest information as it becomes available. On behalf of Louisiana credit unions, we will be formally reaching out to our delegation thanking them for supporting the amendment. We will  have more information as the House completes consideration of the bill tomorrow.
 
Statement from CUNA:

"This is a huge victory for credit unions and their member-owners. We thank Reps. Amodie and Aguilar for their steadfast leadership in keeping NCUA out of the appropriations process and the thousands of CUNA/League credit union activists who took action - these voices made all the difference on the Hill," said Jim Nussle, CUNA president/CEO. "Placing NCUA under appropriations would be the functional equivalent of a hidden tax on credit unions and their members."
 
Pelican Politics Updates are dedicated to Louisiana Credit Union Governmental Affairs and is intended for affiliated credit unions. For more information, contact Angela Gervais at [email protected]. 

LCUL's Governmental Affairs department guards CU rights at the state and national levels. As financial laws and regulations are changed or challenged, the League is there, protecting your interests and fighting for/against issues that are important to the vitality of the industry.