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Credit Union Trades Push for Friendly Provisions in Hensarling Bill

Credit union trade groups push for better provisions for CUs in the Financial CHOICE Act.

By David Baumann | Updated on February 07, 2017

As House Financial Services Chairman Jeb Hensarling (R-Texas) prepares to introduce the latest version of his bill to overhaul the Dodd-Frank Act, credit union trade groups are pushing the chairman to retain or add provisions that benefit their institutions.

“We have previously indicated our support for many provisions of the CHOICE Act; however, certain provisions make it difficult for us to fully endorse the bill,” CUNA President/CEO Jim Nussle said in a recent letter to Hensarling.

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David Baumann

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