This week: Keeping CU difference top of mind during Week of Action

Credit unions are geared up for the Don’t Tax My Credit Union Week of Action, a focused grassroots outreach effort kicking off today. The purpose: keep the credit union tax status off the table as the reconciliation package goes into its final stages in the Senate. With a simple three step action plan, America’s Credit Unions, leagues, and credit unions across the country will engage lawmakers with a unified voice through various efforts.  

Learn more and access resources needed to participate in the Week of Action.  

Additionally, the House is scheduled to consider H.R. 2808, the Homebuyers Privacy Protection Act, an America’s Credit Unions-backed bill to combat abusive mortgage trigger leads, this week.

America’s Credit Unions will be engaging with lawmakers ahead of several hearings of note this week:

• Federal Reserve Chairman Jerome Powell presents the Fed’s Semi-Annual Monetary Policy Report to Congress before the House Financial Services Committee on Tuesday and the Senate Banking Committee on Wednesday;
• Tuesday, a Senate Banking Subcommittee tackles legislative frameworks for digital asset market structure; and
• Thursday, a House Financial Services Subcommittee is scheduled to examine regulatory actions of the CFPB under former director Rohit Chopra.