The latest version of the Financial CHOICE Act, unveiled by House Financial Services Chairman Jeb Hensarling (R-Texas) this week would provide credit unions with much-needed regulatory relief, Ryan Donovan, CUNA's chief advocacy officer said Friday.

And while Donovan said the legislation isn't perfect, it can be improved as it moves through the legislative process.

"There's an incredible amount of relief in this bill that would benefit credit unions," Donovan said.

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