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August 14, 2017

At White House, NAFCU discusses CU issues

NAFCU's Dan Berger, Carrie Hunt and other senior staff were at the White House Monday for a meeting with Andrew Olmem, special assistant to the president for financial policy and member of the National Economic Council. They discussed issues of importance to the credit union industry, including Treasury's recent report on banks and credit unions and the need for regulatory relief for the industry.

In addition to Berger, NAFCU's president and CEO, and Hunt, executive vice president of government affairs and general counsel, Monday's meeting included association Vice President of Legislative Affairs Brad Thaler and Senior Associate Director of Legislative Affairs Chad Adams.

Before joining President Donald Trump's National Economic Council, Olmem served as the Republican chief counsel and deputy staff director at the Senate Banking Committee. He was also an assistant economist at the Federal Reserve Bank of Richmond.

NAFCU is pressing policymakers on the need for regulatory relief that recognizes credit unions' non-for-profit, member-owned structure and the industry's important contributions to Main Street America.