U.S. Capitol Building
2018 was a watershed year for CUNA/league/credit union advocacy. Our accomplishments last year during a turbulent political time stand out over any of the last 20 years of credit union advocacy, making it a story that deserves to be told. And as we consider all of our 2018 wins, we are ready more than ever before to take on a new year and new Congress.
In a period of political turbulence, credit unions led the way to convince Congress to enact the first major piece of regulatory relief legislation since 2006. And unlike that previous effort, this legislation included several important credit union priorities, including amendments to the Dodd-Frank Act to reduce regulatory burden, a provision that holds the NCUA accountable by requiring it to hold an annual hearing on the budget, and a provision that protects credit union officials that report suspicion of elder abuse.
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