ACU Backs Bipartisan Housing Deal, Urges Congress To Expand CU Parity
By CU Today Staff —
WASHINGTON--As the Senate prepares to pass bipartisan housing legislation with several credit union-supported provisions, America’s Credit Unions urged the chamber to advance the measure and consider additional regulatory relief in a letter to Senators Wednesday.
Senate Banking and House Finance Committee leaders announced an agreement Tuesday on the 21st Century ROAD to Housing Act, which contains several other bills, including:
The letter also highlights areas where credit unions need parity with banks for additional relief that Congress should consider, such as:
With a short work week due to the Juneteenth federal holiday Friday, the Senate could vote to clear housing bill and send it to the House before they head home Thursday, ACU noted.
Originally reported by CU Today.