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Washington
Rep. Kanjorski Keep working for CURIA
Click for slide show U.S. Rep. Paul Kanjorski (D-Pa.) encouraged credit unions to keeping pushing for passage of the Credit Union Regulatory Improvements Act (CURIA, H.R. 1537). A new bill he and Rep. Ed Royce (R-Calif.) introduced this week is not meant to supplant the more comprehensive package, which is CURIA, he said. CURIA currently has 145 official House supporters. (Photo provided by CUNA)
WASHINGTON (3/6/08)—Rep. Paul Kanjorski (D-Pa.) encouraged credit unions to keeping pushing for passage of the Credit Union Regulatory Improvements Act (CURIA, H.R. 1537). A new bill he and Rep. Ed Royce (R-Calif.) introduced this week is not meant to supplant the more comprehensive package, which is CURIA, he said. “My impression is there are a lot of House members up there just waiting to be asked” to support HR 1537, he said at the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC), at which more than 4,500 credit union representatives are attending. CURIA currently sports 145 official backers in the House and it is expected that more will sign on in the wake of credit union visits to federal legislators conducted in conjunction with the CUNA GAC this week. Kanjorski said of CURIA that credit unions “must be cognizant” that such a bill cannot pass in a short period of time. “But it is important that we show progress” toward improving Americans’ access to credit unions, he said explaining part of the motivation behind the second bill, the Credit Union Regulatory Relief Act (CURRA, H.R. 5519). Noting the country’s current housing and general economic woes, Kanjorski said this year the credit union movement is going to be even more necessary and needed by consumers. “You are the leaders. Reach out to your members. Reach out to your communities. America doesn’t need doom and gloom. America needs hope,” he said, adding, “The credit union movement is a real neighbor, a real partner.”
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