House committee clears FY27 NDAA

The House Armed Services Committee advanced its FY27 National Defense Authorization Act late last week without any financial services-related amendments.

Prior to the markup, America’s Credit Unions urged the committee to reject any potential amendments that would alter the current nominal land lease process for credit unions on military bases or change the current payments interchange system.

America’s Credit Unions will remain engaged throughout the NDAA process to ensure harmful amendments are not added.