Rep. Gary Miller Reveals Plans For Credit Union Regulation Reform

By  |  April 14, 2013
 | 

Representative Gary Miller (R., CA) has announced plans to introduce legislation providing “regulatory relief” to credit unions, reports BankCreditNews.com.

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    Miller, the vice chairman of the House Financial Services Committee, has created a “five point plan” based off of a presentation form the National Association of Federal Credit Union Administration (NCUA).

    “We have been in close consultation with lawmakers since last year in our efforts to craft meaningful regulatory relief for credit unions. We welcome Rep. Miller’s proposal and thank him and his staff for their effort and commitment to easing credit unions’ regulatory burden,” said Dan Berger, the executive vice president of government affairs at the NAFCU.

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