This week: More than 300 CU advocates take Capitol Hill with NAFCU

by NAFCU Newsroom

NAFCU’s award-winning advocacy will be front and center in Washington this week as more than 300 credit union leaders and advocates fly-in for the association’s Congressional Caucus. In addition to hosting Caucus sessions and Hill meetings, NAFCU will also monitor activity in the House and Senate – both are in session this week – for tax reform, data security and S. 2155 implementation.

  • Congressional Caucus – sponsored by Mastercard – begins tomorrow evening with a Welcome Reception for attendees. Credit union representatives will hear from dozens of top lawmakers – including House Financial Services Committee Chairman Jeb Hensarling, R-Texas, Sen. Rand Paul, R-Ky., and House Democratic Whip Steny Hoyer, D-Md. – on issues critical to the credit union industry (see full agenda and speaker schedule for more details).
  • In Congress, NAFCU will be monitoring two bills this week:
    • Another tax reform bill from House Ways and Means Committee Chairman Kevin Brady, R-Texas, is anticipated to be introduced with a mark-up possible later in the week. The bill is expected to deal primarily with savings-related tax breaks and individual tax cuts. NAFCU is engaged to ensure credit unions’ federal tax exemption is not affected in this second round of tax reform.

 

continue reading »