NAFCU’s advocacy team will be working in overdrive this week as lawmakers take their next steps in dealing with the issues of financial industry regulatory relief, comprehensive tax reform and flood insurance.

The coming week also includes a packed agenda for the NCUA Board’s June 23 open meeting, one day after agency Acting Chairman J. Mark McWatters testifies before the Senate Banking Committee.

NAFCU will be reporting on these developments throughout the week. Here’s a closer look at each:

• Tuesday: House Speaker Paul Ryan, R-Wis., gives remarks on tax reform before the National Association of Manufacturers. News of Ryan’s scheduled address emerged as Senate Finance Committee Chairman Orrin Hatch, R-Ore., put out a call for proposals and feedback on how to overhaul the nation’s tax code. NAFCU is keeping lawmakers informed about the value to the nation’s economy of credit unions’ federal tax exemption.

 

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