Bankers pressure Senate leaders to avoid credit union bill


English: American Bankers Association commemor...

Image @Wikipedia

By Pete Kasperowicz – The American Bankers Association (ABA) and the Independent Community Bankers of America (ICBA) on Thursday called on Senate leaders not to take up legislation that would expand the ability of credit unions to lend to small businesses.

Earlier in the day, Senate Majority Leader Harry Reid (D-Nev.) said he would push for a vote on a stand-alone credit union bill in the near future, and implied that the bill deserves a vote in light of Sen. Mark Udall‘s (D-Colo.) relentless efforts to pass it. He also acknowledged opposition from banks, but said a vote would be held nonetheless. more> http://is.gd/QWeuzf

About these ads

One response to “Bankers pressure Senate leaders to avoid credit union bill

  1. Pingback: Economic recovery is not salvation for the banking industry | The Wise- News, Content, and Publishing

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s