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Treasury Official Meeting with CUs

WASHINGTON -- Meeting David Nason, assistant secretary for financial institutions at the U.S. Treasury Departments, has leaped higher on the agendas of both NAFCU and CUNA as part of their association's reactions to the department's recent blueprint for federal financial regulatory reform which would eliminate credit unions.

By David Morrison | Updated on April 09, 2008

WASHINGTON — Meeting David Nason, assistant secretary for financial institutions at the U.S. Treasury Departments, has leaped higher on the agendas of both NAFCU and CUNA as part of their association’s reactions to the department’s recent blueprint for federal financial regulatory reform which would eliminate credit unions.

Nason has been tagged in several media outlets as one of the key architects of the department’s financial reform document. NAFCU’s CEO Fred Becker and other association executives met with Nason on April 8. CUNA’s CEO Dan Mica, along with Chief Economist Bill Hampel and General Counsel Eric Richard will meet with him on April 14.

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