Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Mica tells iPosti 2009 a busy busy year
WASHINGTON (8/13/08)—In an Aug. 12 article in The Washington Post, Credit Union National Association (CUNA) President/CEO Dan Mica says 2009 is going to be a “very, very busy year” for lobbyists. The article, called “In a Harsh Climate for Lobbyists, the Forecast Calls for...More Lobbyists,” notes that both the Republican and the Democratic presidential candidates have had harsh words about lobbyist during their campaigning. “But K Street's response is not to flee in fear. Instead, it's getting ready for one of its busiest periods ever,” wrote reporter Jeffrey H. Birnbaum. CUNA’s Mica concurred: “It's going to be a very, very busy year; we might as well brace ourselves for it." The article noted that Mica, a former congressman from Florida, is asking CUNA’s state affiliates to boost their budgets so they can bring more people to Washington to press for their causes. "It doesn't matter which one is president--there is going to be a tremendous need for lobbying," Mica said. The Post article explained that increased need as a result both of the attacks from the “presidential wannabes” and the likelihood that Congress will become even more Democratic. A more Democratic Congress, the article posited, means that many corporate interests will face “increased danger next year and will have to employ more of the people whose job is to protect them--lobbyists.” CUNA merited a second, separate mention in the piece on lobbying. CUNA shined in a section that was otherwise about the receptions and late-night parties and hospitality suites that will be sponsored by some organizations during the presidential nominating conventions. “But not every lobbying event will be frivolous. Seeking positive publicity, the Credit Union National Association will give away a house at each convention to the family of a disabled military veteran,” the Post piece reports.
Other Resources

RSS print
News Now LiveWire
#NewsNow No stretch for CU to loan to fledgling yoga studio http://t.co/4ryQisBtW1
33 minutes ago
.@CUNA's Pierce: Every dollar a CU spends on complying with a regulation is a dollar that is not spent to the benefit of its membership.
38 minutes ago
(2of2)...that incentive structure for CUs and banks is quite different, and regulatory structure should reflect those differences."
39 minutes ago
Pierce: When considering reg burden as it relates to consumer financial protection, it is critical that policymakers understand...(1of2)
39 minutes ago
.@CUNA's Pierce: "Without meaningful relief, consolidation in CU sector will continue."
44 minutes ago