The Senate Armed Services Committee released the text of its FY25 National Defense Authorization Act Monday and it does not contain any language related to credit unions or financial institutions. America’s Credit Unions and the Defense Credit Union Council wrote to the committee last month calling on the committee to reject any unrelated credit union …
Senate FY25 NDAA contains no credit union-related language Read More »
The House version of the National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2025 was advanced by House Rules Committee late Tuesday following consideration of the more than 1,300 proposed amendments. On Wednesday, the House adopted a Rule to proceed to the measure by a 208-207 vote. The House now proceeds to consider the more …
America’s Credit Unions President/CEO Jim Nussle wrote to members of Congress on why an alternative approach is preferred to a proposed amendment to the House FY2025 National Defense Authorization Act (NDAA) that would clarify military members under the Department of Defense’s Overseas Military Banking Program (OMBP)—but only OMBP members—are insured by the National Credit Union …
Nussle defends tax status of all credit unions to key policymakers Read More »
