September 08, 2017

NAFCU Congressional Caucus kicks off today in Washington

Hundreds of credit union industry leaders and stakeholders are in Washington for NAFCU's 2017 Congressional Caucus,which kicks off today with an address by association President and CEO Dan Berger and will focus attendees, lawmakers, regulators and more on issues of top concern to credit unions nationwide.

Drawing one of the largest audiences since 2007, the Congressional Caucus is NAFCU's credit union lobbying event of the year. More than two dozen lawmakers from the House and Senate are slated to speak this week, along with top regulators from the NCUA, Department of Housing and Urban Development, Small Business Administration and more.

Caucus is an opportunity for credit union representatives to meet face-to-face with lawmakers and regulators to discuss top credit union issues; more than 200 meetings on Capitol Hill are scheduled. Key issues this week are data security, preservation of credit unions' tax exemption, regulatory relief, repeal of the Durbin interchange amendment and housing finance reform.

Featured speakers scheduled to speak at Caucus include:

  • Ben Carson, Housing and Urban Development Secretary
  • Linda McMahon, Small Business Administration Administrator
  • Sen. Tom Cotton,R-Ark., Chairman of the Senate Banking, Housing and Urban Affairs Subcommittee
  • Sen. Heidi Heitkamp,D-N.D., Member of the Senate Committee on Banking, Housing and Urban Affairs
  • Rep. Jeb Hensarling,R-Texas, House Financial Services Committee Chairman
  • Rep. Patrick McHenry,R-N.C., Chief Deputy Whip, Vice Chairman of the House Financial Services Committee
  • Rick Metsger, NCUA Board Member
  • Sen. Shelley MooreCapito, R-W.Va.,Chairman of the Appropriations Subcommittee on Financial Services and General Government
  • Rep. Maxine Waters,D-Calif., Ranking Member of the House Financial Services Committee

During Caucus, NAFCU is engaging in a Thunderclap campaign that will coordinate messages shared about the positive impact credit unions have on their members and the economy. The messages, shared via Twitter, will be deployed on Sept. 12. Credit unions are encouraged to participate and can sign up here.

Attendees are also encouraged to download NAFCU's Congressional Caucus free mobile app, sponsored by Mastercard; users will be able to view the agenda, speaker list, issue briefs and tips for successful lobbying. To download the mobile app, go visit the Apple App Store or Google Play store, and search "NAFCU Caucus." Use the password "nafcu2017."

Other Caucus sponsors include Allied Solutions, Crowe Horwath, CUNA Mutual Group and Strategic Resource Management and VISA.

For more updates, follow#NAFCUCaucuson Twitter.