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NAFCU supports Senate FSGG bill measures, will continue to push for additional regulatory relief

WASHINGTON, DC (August 1, 2018) — National Association of Federally-Insured Credit Unions (NAFCU) Vice President of Legislative Affairs Brad Thaler today issued the following statement after the Senate passed its version of the 2019 Financial Services and General Government (FSGG) appropriations bill as a part of the Appropriations Minibus Act (H.R. 6147):

“NAFCU appreciates and supports the Senate’s efforts to fully and appropriately fund the CDFI Fund, NCUA’s Community Development Revolving Loan Fund and SBA loan programs important to credit unions,” said Brad Thaler, Vice President of Legislative Affairs at NAFCU. “NAFCU also remains laser-focused on bringing about much needed regulatory relief to credit unions. In particular, we will continue to push for a delay of the NCUA’s risk-based capital rule, among other provisions included in the House version.  As the House and Senate finalize funding for the upcoming year, we hope that they will fully fund programs important to credit unions while also advancing important regulatory relief measures.”


About NAFCU

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.

Contacts

Molly Safreed, msafreed@nafcu.org (NAFCU)

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