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Bill Cheney on CNBC (Oct. 11); debunking bailout

It’s not a bailout!

CUNA President and CEO Bill Cheney tells a national television audience that the actions taken by NCUA in stabilizing corporates are in no way a taxpayer-funded bailout, but a program paid entirely by credit unions. The CUNA CEO appeared on CNBC-TV, Monday, Oct. 11, during the “Squawk Box” program. His 5-minute interview may be viewed by clicking on the image.