CUNA statement on Treasury Department report
WASHINGTON, DC (June 13, 2017) — CUNA president/CEO Jim Nussle released the following statement:
“We are carefully reviewing the Treasury’s report. Based on our initial review, the report appears to reflect input that we gave the administration in meetings and other engagements, and it shows that that the administration understands that credit unions need common-sense regulations. For too long, the one-size-fits-all rules meant for Wall Street have been hurting Main Street’s financial sector. We appreciate that the Treasury Department recognizes that credit unions know how to lend and promote economic growth in their communities, and we will continue to work with policymakers to improve the operating environments for credit unions and their members.”
About CUNA
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
