WASHINGTON — Senator Mary Landrieu (D-La.) received a bracing standing ovation from the attendees at CUNA's Governmental Affairs Conference this year when she announced that she would introduce the Credit Union Regulatory Improvements Act in the Senate.
Landrieu prefaced her announcement with reminding the attendees of Hurricanes Katrina and Rita and the reaction of credit unions around the country to helping residents of the impacted areas to recover from the blow. She seemed to suggest that independent Senator Joe Lieberman (Conn.), who caucuses with the Democrats, would also be sponsoring the bill.
"Working together, Senator Lieberman and I will shepherd this bill through he process," she said to loud and persistent applause.
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