BOSTON -- CUNA President/CEO Dan Mica said President Obama is "hyperactive" and the pace of legislative and regulatory activity will be quite fast for some time.
He told attendees at the America's Credit Union Conference and Expo that CUNA's representatives have testified on Capitol Hill six times so far this year, compared with about once per year during the past few years.
He also said Obama's decision to keep NCUA separate will help credit unions but the agency is still unpredictable.
"There's something in the water there that changes their thinking so we will send them bottled water," he said.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
