Ahead of today’s hearing to examine potential regulatory overreach by the Department of Labor (DOL), America’s Credit Unions President/CEO Jim Nussle wrote to a House on Education and Workforce subcommittee to provide the credit union perspective on the DOL’s proposed rulemaking redefining who is an investment advice fiduciary for purposes of the Employee Retirement Income …
The Department of Veterans Affairs (VA) Home Loan Program needs an upgrade to help ensure veterans can stay in their homes, America’s Credit Unions and the Defense Credit Union Council wrote to a House Veterans Affairs subcommittee Wednesday ahead of its hearing on the program. The program provides a home loan guaranty benefit and other …
Former Rep. Tom Suozzi, D-N.Y., won election to Congress Tuesday, defeating Republican challenger Mazi Pilip to represent New York’s 3rd Congressional District. The seat was left open by the expulsion of former Rep. George Santos, R-N.Y. Suozzi supported credit unions during his previous time in Congress from 2017 to 2023 , and was supported in Tuesday’s …
