H.R. 1595 SAFE Banking Act – Passes out of Committee

The SAFE Banking Act (HR 1595) was marked up today in the House Financial Services Committee. As a reminder this bill is co-sponsored by Congressman Denny Heck (D -WA 10) and has a total of 152 sponsors including all of the Democratic members in our delegation and Congressman Newhouse (R – WA 4). Many credit union components in the bill were addressed by Rachel Pross from Maps Credit Union in her testimony to this committee in February. 

The bill was ultimately agreed to and reported favorably to the House 45-15.

Posted in Advocacy on the Move.