2012 NAFCU Caucus Kicks Off

Patty Briotta
Director of Public Relations
703-200-4600 (m)

Washington – Today, hundreds of credit union leaders gathered in Washington to make their voices heard on critical issues impacting credit unions at the National Association of Federal Credit Unions’ 2012 Congressional Caucus. Attendees will hear from key legislators and meet with their members of Congress on Capitol Hill during the Caucus, which runs Sept. 11-14 and is headquartered at Mayflower Renaissance Hotel.

The slate of distinguished speakers includes over 20 members of Congress, two National Credit Union Administration (NCUA) Board members, the heads of Freddie Mac and Ginnie Mae, and the acting directors of the Federal Housing Administration (FHA) and Federal Housing Finance Agency (FHFA).

Topics for this year’s program include the role of the Consumer Financial Protection Bureau, the proposed member business lending-cap lift, deficit reduction (and its potential impact on the credit union tax exemption), GSEs, and more.

Tucker Carlson, a contributor on Fox News and editor-in-chief of, will be the keynote speaker.

Today’s speakers include Freddie Mac CEO Donald Layton, NCUA Board Member Michael Fryzel, Sen. Rand Paul (R-Ky.), and Reps. William Lacy Clay, Jr. (D-Mo.), Jim Clyburn (D-S.C.), Michael Grimm (R-N.Y.), Jeb Hensarling (R-Texas) and Scott Garrett (R-N.J.).

Thursday, Caucus participants will hear from FHFA Acting Director Edward DeMarco, Sens. Jack Reed (D-R.I.) and Bernie Sanders (I-Vt.), House Financial Services Committee Chairman Spencer Bachus (R-Ala.), and Reps. Shelley Moore Capito (R-W.Va.), Sean Duffy (R-Wis.) and Maxine Waters (D-Calif), and others.

Friday, Rep. Debbie Wasserman Schultz (D-Fla.), current DNC chair, will speak along with Ginnie Mae President Ted Tozer, FHA Acting Commissioner Carole Galante and NCUA Board Member Gigi Hyland. Several other lawmakers are also on the day’s agenda, including Rep. Ed Royce (R-Calif.), chief sponsor of H.R. 1418, the Small Business Lending Enhancement Act, which would raise the credit union member business lending cap to 27.5 percent for eligible institutions.

# # #

About Us:

The National Association of Federal Credit Unions is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.

More News