Newsroom

March 03, 2017

Berger, Pence economist talk reg relief

NAFCU President and CEO Dan Berger today will discuss credit union concerns and the need for regulatory relief with Mark Calabria, chief economist for Vice President Mike Pence.

NAFCU Vice President of Legislative Affairs Brad Thaler, Chief Economist and Director Of Research Curt Long, Director of Regulatory Affairs Alexander Monterrubio and Regulatory Affairs Counsel Ann Kossachev will also attend the meeting.

The meeting will focus on the impact of the Dodd-Frank Act and NAFCU's priorities for CFPB reform. NAFCU staff will also brief Calabria on the credit union industry's role in the economy, including findings from the recent independent study commissioned by NAFCU that showed the credit union tax exemption saves consumers $16 billion a year.

The meeting will also include discussion of housing finance reform. NAFCU continues to advocate for housing finance reform that guarantees access for credit unions to the secondary mortgage market, and fair prices based on loan quality rather than volume.