On Monday, Rep. Claudia Tenney (R-N.Y.) spoke to the crowd gathered for the American Bankers Association Conference in New York and raised the issue that there are "inequities and disparities" in the way credit unions are regulated compared to banks, as well questioned the industry's tax-exempt status. The lawmaker stated she'd like the House Ways and Means Committee to hold a hearing about it. Rep. Tenney is a member of that committee.
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