National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler today issued the following statement after the Senate passed its version of the 2019 Financial Services and General Government (FSGG) appropriations bill as a part of the Appropriations Minibus Act (H.R. 6147):
“NAFCU appreciates and supports the Senate’s efforts to fully and appropriately fund the CDFI Fund, NCUA's Community Development Revolving Loan Fund and SBA loan programs important to credit unions," said Brad Thaler, Vice President of Legislative Affairs at NAFCU. "NAFCU also remains laser-focused on bringing about much needed regulatory relief to credit unions. In particular, we will continue to push for a delay of the NCUA’s risk-based capital rule, among other provisions included in the House version. As the House and Senate finalize funding for the upcoming year, we hope that they will fully fund programs important to credit unions while also advancing important regulatory relief measures.”