“Sen. Harry Reid introduced a TAG bill Monday night and is looking to expedite it to the Senate floor for a vote,” said Jennifer Wagner. “It looks like he is putting into motion a scenario where our MBL bill and the TAG Bill may be merged together to help ensure passage of our priority legislation.”
The U.S. House of Representatives voted unanimously yesterday in favor of legislation that would eliminate a burdensome regulation mandating that every ATM carry a physical placard notifying consumers of potential fees.
Northwest credit union supporters fanned out to meet with Congressional leaders Wednesday. The delegation is urging more support for initiatives that will provide affordable credit to consumers and stimulate jobs growth.
Oregon Congressman Earl Blumenauer is now co-sponsoring legislation to raise the cap on member business loans, a move that stands to benefit the credit union movement and bolster the U.S. economy.