Yesterday, the House of Representatives adopted the bipartisan amendment by Reps. Mark Amodei (R-NV) and Pete Aguilar (D-CA), which will prevent the NCUA from being shifted to the appropriations process.
“This is a huge victory for credit unions and their member-owners. We thank Reps. Amodie and Aguilar for their steadfast leadership in keeping NCUA out of the appropriations process and the thousands of CUNA/League credit union activists who took action – these voices made all the difference on the Hill,” said Jim Nussle, CUNA president/CEO. “Placing NCUA under appropriations would be the functional equivalent of a hidden tax on credit unions and their members.”
Thank you to all of you who made phone calls, sent emails and have been engaged in this effort.
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