WASHINGTON — NAFCU senior staff met last week with Treasury Assistant Secretary for Tax Policy Eric Solomon who reiterated that the department is not looking to tax credit unions.
Solomon and other senior staff at Treasury discussed credit unions and their issues with NAFCU President/CEO Fred Becker, Senior Vice President of Government Affairs Dan Berger and Associate Director of Regulatory Affairs Tessema Tefferi. One particular topic of conversation was the credit union tax-exemption.
During the meeting, NAFCU gleaned further assurance of the administration's positive view of credit unions. "It was a positive discussion," Becker said. "We appreciated the opportunity to meet with Mr. Solomon and look forward to a continued, productive relationship with this key policy office on behalf of our member credit unions."
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