Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Interchange bill still CU focus at DNC
DENVER (8/27/08)--Interchange was a hot topic for credit unions at this week’s Democratic National Convention (DNC) in Denver.
Click for slide show CUNA staffers prepare for Tuesday morning call with credit union trade press. Clockwise from left: Senior Legislative Representative Chris Gaginis, Political Director Trey Hawkins, Legislative Affairs Vice President Ryan Donovan, Federal Legislative Affairs Director Michele Johnson and Political Program Specialist Anne Foley. (Photo provided by CUNA)
In discussions with lawmakers, Credit Union National Association (CUNA) lobbyists continue to build opposition to a bill that would give merchants an antitrust exemption to negotiate interchange fees. During a DNC event yesterday, MasterCard International General Counsel Noah Hanft pointed out that CUNA was very effective with the interchange message and thanked the association and credit unions for the efforts. At another meeting, CUNA lobbyists Michele Johnson urged Senate Majority Whip Dick Durbin (D-Ill.) to include credit unions in any public hearings on the interchange bill.


RSS print
News Now LiveWire
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
18 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
19 hours ago
.@growfinancial's #salsa sensation spices up seed giveaway #NewsNow http://t.co/rKmWVwwzot
19 hours ago
.@TheNCUA Office of Small CU Initiatives soon--maybe Nov.--will launch website for #CUs 2 research #creditunion vendors or service providers
19 hours ago
.@TheNCUA says late 2Q Call Report filers 2 pay total of $17,111 in penalties.Individual penalty range is $52 to $1,824;median is $256. 2of2
20 hours ago