WASHINGTON — The Credit Union Regulatory Improvements Act (H.R. 1537) now has four of the top five ranking Democrats on the Financial Services Committee as co-sponsors.
Congresswoman Maxine Waters (D-Calif.) added her name yesterday to the bill. She helps make the 80% of senior Democrats on the committee that CURIA has captured. Rounding out the top five would be Chairman Barney Frank (D-Mass.), who while not a co-sponsor has told primary sponsor Paul Kanjorski (D-Pa.)–the #2 ranking Dem–he would hold a committee hearing this year. He also told NAFCU's Congressional Caucus in September that he was confident the House could pass a bill similar to CURIA, though likely not every piece of it.
CURIA now has 132 members of the House supporting it, including Kanjorski.
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