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Money and the U.S. CapitolThe National Defense Authorization Act (NDAA) has historically been a possible thorn in the side of credit union officials as many pieces of legislation credit union leaders are against could be included in such a large bill that must be approved each December.
According to a House and Senate-compromised version of the NDAA released over the weekend with 1171 amendments, the compromised language does not include the Credit Card Competition Act (CCCA) or any related study proposals that could bolster any similar regulations; with that news, credit union leaders were very pleased.
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