WASHINGTON, DC (May 2, 2017) — The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement ahead of today’s House Financial Services Committee’s mark-up of the Financial CHOICE Act:
“The Financial CHOICE Act contains numerous NAFCU-supported initiatives that will help create an environment allowing credit unions to thrive. Among the most significant aspects of this bill is the repeal of the failed Durbin interchange amendment,” Berger said. “The time is now for credit union relief.
“NAFCU thanks Committee Chairman Jeb Hensarling, R-Texas, for introducing this important legislation. We strongly urge committee members to support this bill, including the repeal of price caps that harm consumers. NAFCU will continue its work with Chairman Hensarling and the committee in order to create a better regulatory environment for the credit union industry,” Berger added.
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
