And unfortunately, as Ms. Anderson articulated, the overreaching and interventionist "big government" federal bureaucrats, like the "we know better than you do" zealots at the CFPB, are intent on driving pro-consumer credit unions rapidly out of business through that agency's crushing compliance burden.

I fear that even with a 2017 Congress and an Executive Branch that favored free enterprise, limited government and defending personal liberties, the federal government-driven damage to the exceptional relationship-based business model historically deployed by credit unions has already become irreversible.

Marvin Umholtz

Consultant

Olympia, Wash.

You have got to be kidding me. The biggest threat to the credit union movement is overregulation and this writer thinks that a socialist, pro-big government candidate is the best option? I think this is the problem with this election and America … people hear inspirational sound bites that make them feel good and make little to no effort to understand the implications of those warm and fuzzy concepts. Ask yourselves these questions: Who pays for that "free" stuff? Is less freedom for people and businesses a good thing? Do I get moral credit for taking money from people earning more than me and distributing it to where I think it should go? Will credit unions have a better chance of surviving with a government wanting to spend more … and finding even more ways to receive tax dollars? The credit union industry needs a person to lead the country who thinks government is the solution to our problems like it needs the CFPB.

Leftist are Not Right

The logic doesn't follow. The Bern says things that sound nice to a credit union professional, but he will continue to add to the regulatory burden that is already in place. And you want him in office because he's more politically correct I suppose (and somehow he'll attract people to credit unions).

Why not be behind someone who will lesson the burden?

Endurachek