Berger in Morning Consult: Bipartisan reforms will unite our nation

by NAFCU Newsroom

With Congress set to tackle several key issues in the months ahead – including negotiations on another coronavirus relief package – NAFCU President and CEO Dan Berger penned an editorial in Morning Consult calling on policymakers to pass bipartisan reforms that would empower credit unions to serve their members.

“Our nation must press forward, put an end to divisive partisanship and combat the coronavirus pandemic head-on,” said NAFCU President and CEO Dan Berger. “As financial hardships take hold of our communities and local economies, bipartisan reforms that empower credit unions offer a compelling way forward for our nation to emerge from the current crisis better, stronger and more united.”

In the new op-ed, Berger highlighted several key reforms the Biden administration and Congress should consider, including member business lending (MBL) and capital reforms, automatic forgiveness of Paycheck Protection Program (PPP) loans under $150,000, and increasing funding for Community Development Financial Institutions (CDFIs) to help low-income communities.

“We encourage President-elect Joe Biden to work with Congress to deliver meaningful, bipartisan reform that puts the needs of Americans ahead of partisanship,” added Berger. “And credit unions are a key part of the solution.”

 

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