NAFCU meets with White House economic officials to discuss credit union issues

WASHINGTON, DC (November 20, 2013) — NAFCU Chairman and First Source FCU President and CEO Mike Parsons, accompanied by NAFCU President and CEO Dan Berger, Senior Vice President of Government Affairs and General Counsel Carrie Hunt and Regulatory Affairs Counsel PJ Hoffman met with the White House today to discuss the credit union industry and some of its key issues with Director of White House Business Counsel Sam Brown and Special Assistant to the President for Economic Policy and member of the National Economic Council John Friedman.

“We were pleased to have the opportunity to highlight the benefits of credit unions for our nation’s economy and discuss issues of vital importance to the credit union industry,” said Berger. “We look forward to continuing to work with the Obama administration to help raise awareness about credit unions’ positive impact on the financial services landscape and their ongoing challenges.”

Among the topics discussed at the meeting were the credit union tax exemption, regulatory relief, the Consumer Financial Protection Bureau’s (CFPB) mortgage rules, the secondary mortgage market and the future of government-sponsored enterprises (GSEs).

In the meeting, Brown and Friedman also discussed four key points regarding the country’s current economic situation and promoting growth going forward. They stressed the importance of investing in our economy; building a skilled workforce; innovation through small business and the importance of growing manufacturing and exports.

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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. 

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