NAFCU outlines industry priorities for Congress, details midterm results for CUs

by NAFCU Newsroom

As Congress reconvenes for the lame-duck session following the midterm elections, NAFCU Senior Vice President of Government Affairs Greg Mesack wrote to both chambers to highlight several issues that are top of mind for credit unions. In addition, today NAFCU will host a complimentary webinar to detail results of key congressional races and how they will impact the credit union industry. The webinar is scheduled for 3 – 4:15 p.m. Eastern and registration is still available.

In the letter to lawmakers, Mesack outlined NAFCU’s position on several items, including:

  • opposition to the Credit Card Competition Act and any efforts to extend debit interchange routing requirements to also cover credit cards;
  • opposition to legislation to grant the NCUA with third-party vendor authority, such as the Improving Cybersecurity of Credit Unions Act;

 

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