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Washington
Rep. McCarthy, Sen. Corker, and CFPB's Antonakes join 2014 GAC lineup
WASHINGTON (2/7/14)--Three more high-profile Washington luminaries have been added to the growing Credit Union National Association 2014 Governmental Affairs Conference lineup: House Majority Whip Kevin McCarthy (R-Calif.), Sen. Bob Corker (R-Tenn.) and Consumer Financial Protection Bureau Deputy Director Steve Antonakes.

McCarthy is serving his fourth term in the House of Representatives, and remains a member of the House Financial Services Committee.

At last year's GAC, the legislator praised credit unions for helping him start his business, and promised to work hard to provide regulatory relief for the industry. McCarthy, who once owned a delicatessen in Bakersfield, Calif., told 2013 GAC attendees he would fight the growth of regulations that prevent credit unions from doing what they need to do, such as making more business loans.

Corker is a member of the Senate Banking Committee and has served in the Senate since 2007.

The senator has recently been an active member of housing finance reform efforts, introducing the Housing Finance Reform and Taxpayer Protection Act (S. 1217). That bill would wind down government-sponsored enterprises Fannie Mae and Freddie Mac and replace them with a new mortgage guarantor.

Steve Antonakes has served as CFPB deputy director since September 2013. He is also associate director for supervision, enforcement, and fair lending at the CFPB. As deputy director, Antonakes has led the CFPB's supervision, enforcement, and fair lending teams.

Antonakes first joined the CFPB in November 2010, taking on the role of assistant director of large bank supervision. The Credit Union National Association has met with Antonakes on credit union topics, and the CFPB official has said that credit unions did not cause the financial crisis. He has also noted that credit unions served as a source of strength for their members during the economic recovery.

The 2014 GAC, set for Feb. 23 through 27 in Washington, D.C., is the credit union movement's premiere political event. The GAC gathers more than 4,000 credit union decision-makers in the nation's capital to hear from influential leaders and guide the credit union movement in building and maintaining America's trust.

To register for the 2014 GAC, use the resource link.
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