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2012 GAC adds more Hill heavyweights
WASHINGTON (2/13/12)--Two more key Capitol Hill lawmakers have now joined the lineup of the Credit Union National Association's (CUNA) 2012 Governmental Affairs Conference (GAC), which takes place March 18-22 at the Washington Convention Center in Washington, D.C.

House Minority Whip Steny Hoyer (D-Md.) is scheduled to address CUNA's GAC during the Monday general session.

Hoyer is a long-time supporter of credit unions' tax status, fighting against congressional credit union challenges by saying taxing not-for-profit credit unions, which focus on helping low- and middle-income families and small businesses, is "bad for consumers." He served as House Majority Leader from 2007 until 2011, and has been a member of the House since 1980.

Bachus, who joined the House of Representatives in 1993 and has led the Financial Services Committee since early 2011, has called credit unions "an integral part of our financial system" and has praised credit unions for their pro-consumer work and their straightforward credit practices. He is a frequent GAC guest, and has fought against predatory lending practices, and authored legislation that lifted the federal deposit insurance level for credit unions and banks to $250,000.

House Majority Whip and House Financial Services Committee member Kevin McCarthy (R-Calif.) and Assistant House Democratic Leader James Clyburn (D-S.C.) have also joined the GAC lineup in recent weeks. Sens. Jon Tester (D-Mont.), who championed credit union concerns on debit interchange fee cap legislation, and Rand Paul (R-Ky.), who is a current co-sponsor of S. 509, which would increase the credit union member business lending cap, have also signed on as speakers.

Reps. Jeb Hensarling (R-Texas), Ed Royce (R-Calif.), Barney Frank (D-Mass.), Carolyn Maloney (D-N.Y.) and Carolyn McCarthy (D-N.Y.) and Sen. Mark Udall (D-Colo.) will also join former Secretary of State Condoleezza Rice, premier, non-partisan political analyst Charlie Cook, journalistic duo Bob Woodward and Carl Bernstein, and other notable speakers on the 2012 GAC schedule.

The annual GAC will provide more than 4,000 credit union representatives an opportunity to hear from influential leaders from Congress and the federal regulatory agencies during the meeting's sessions, as well discuss pressing credit union issues with federal lawmakers and regulators in private meetings.

Recognized as the premier conference to attend for political impact, credit union networking and industry updates, the GAC also offers a wide array of educational breakout sessions, the industry's largest exhibitor showcase, guest/family programs to tour Washington's sights, and special entertainment including an opening concert and the closing Gala Reception and Dance. And this year, the whole event will be kicked off by American Idol star Taylor Hicks, who will perform at the opening concert, sponsored by the CUNA Councils.

Additional speakers and session topics will be announced in the weeks to come.

Registration, housing information, and other information can be found using the resource link below.


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