Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
House committee to discuss small biz help
WASHINGTON (5/6/10)—The full House Financial Services Committee on May 11 will discuss initiatives to promote small business lending, jobs and economic growth. Witnesses for the hearing, which will be chaired by Committee leader Rep. Barney Frank (D-Mass.), have not been announced at press time. The Credit Union National Association has suggested that small businesses would be helped by lifting the current statutory cap on small business lending by credit unions from 12.25% to 25%. Doing so would inject as much as $10 billion in new funds into the economy and could create up to 108,000 jobs, at no cost to taxpayers, CUNA has said. Legislation that would lift the current MBL cap is active in both the House and Senate.


RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
1 day ago