June 12, 2018

Berger reiterates need for more CU reg relief in meeting with Scalise

NAFCU's Dan Berger (left) met with House Majority Whip Steve Scalise, R-La., on Monday.

NAFCU President and CEO Dan Berger met Monday with House Majority Whip Steve Scalise, R-La., to discuss issues of importance to credit unions, including the need for additional regulatory relief.
Berger thanked Scalise for his leadership and role in securing the passage of the NAFCU-supported Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155). NAFCU has been heavily active on Capitol Hill this year advocating for passage of credit union regulatory relief measures. NAFCU's non-stop bipartisan meetings on the Hill, along with the credit unions' grassroots activities, were instrumental in the passage of S. 2155.
NAFCU is pushing for Congress to do even more for credit unions ahead of the November elections.
The association is making progress on protecting credit unions from the harmful effects of NCUA's risk-based capital (RBC) rule as language to delay the rule by two years is included in the House Appropriations on Financial Services and General Government's legislation, which is slated for mark-up Wednesday. Berger and Scalise discussed this provision and its importance to the industry.
NAFCU continues to meet with lawmakers on credit union regulatory relief and other important issues.