Freshman Congresswoman Suzanne Bonamici (OR-1) added her name to the co-sponsor list for a bill that would allow the NCUA to authorize supplemental capital for well-managed credit unions and count it toward net worth.
Rep. Earl Blumenauer has signed on as a co-sponsor of H.R. 3993, a bill introduced last month that would allow credit unions to accept supplemental capital.
Congresswoman Jaime Herrera Beutler (R-WA 3) is the first member of the Washington delegation to co-sponsor HR 1418. Please voice your support for her public stance and encourage others to join her.
Oregon Congressman David Wu yesterday added his name to the list of H.R. 1418 co-sponsors. The House bill will increase the credit union member business lending cap to 27.5 percent of assets.