Today, we sent a letter in support of H.R. 4950, the “Small Institution
Advisory Committees Act,” which would establish advisory committees within the
Treasury Department. The bill was introduced by Representatives Mike Quigley
(D-Ill.) and Robert Pittenger (R-NC).
The bill would create a Credit Union Advisory Committee and
a Community Bank Advisory Committee within the Treasury Department. We believe
this could help ensure that policymakers within the federal government understand
the credit union difference, as well as the impact of regulatory decisions on
credit unions.