WASHINGTON — The number of co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 1537) is now up to 136, plus primary sponsor Paul Kanjorski (D-Pa.).
Seven-term Congressman Chaka Fattah (D-Pa.) has signed on as a co-sponsor for the first time. He is a member of the Appropriations Committee.
Credit union lobbyists are still hopeful for a hearing on CURIA over the next couple of months. CURIA would establish a risk-based capital framework, expanded business lending opportunities, and allow all federal credit unions to adopt underserved areas.
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