Live from the CUNA GAC: Day Three (Misc News: March 21, 2012)
Credit union leaders have been listening and learning, and now it's time for them to begin talking as the focus shifts to Capitol Hill.
Over the next two days, meetings will take place with all 17 members of Michigan's congressional delegation, and on Tuesday credit union leaders attending the CUNA GAC prepared for the task ahead. In the morning's general session, they heard legislative updates from several members of Congress, including Sen. Mark Udall, D-Colorado, who authored the Small Business Lending Enhancement Act, and Rep. Brad Sherman, D-Calif., who introduced the Supplemental Capital legislation.
Both CUNA President/CEO Bill Cheney and NCUA board member Gigi Hyland urged credit unions to be vocal with lawmakers and to tell personal stories of how this legislation could impact them and their communities.
"As a regulator, I want you to know that we truly are listening," Hyland said. "Your elected officials are listening, too, and your real, first-hand accounts really do make a difference."
The Michigan CU delegation made their first round of visits to Capitol Hill on Tuesday afternoon, including a discussion with Rep. Tim Walberg, R-Tipton, on the importance of the Member Business Lending bill.
Lawmaker visits will continue Wednesday, including the annual legislative breakfast.
Click here to watch a video of the day's events.