Berger talks credit union regulatory relief on the Hill

NAFCU President and CEO Dan Berger discussed credit union regulatory relief and other top advocacy goals for the association with Senate Majority Leader Mitch McConnell, R-Ky., and other lawmakers Wednesday.

Berger and NAFCU Vice President of Legislative Affairs Brad Thaler met with McConnell, Sen. Ben Sasse, R-Neb. (a member of the Senate Banking Committee), House Small Business Committee Chairman Steve Chabot, R-Ohio, and House Appropriations Subcommittee on Financial Services Chairman Ander Crenshaw, R-Fla.

During the meetings, Berger emphasized the need for credit union regulatory relief and the difficulty credit unions are having serving their members under the increasing regulatory burden. He also touted NAFCU’s continued support for a national data security standard that would hold retailers to standards similar to those credit unions already follow under the Gramm-Leach-Bliley Act.

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