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The Latest Washington News, Comment Letters, Regulatory Developments

WASHINGTON—Patrick Miller, CEO of the $406-million CBC Federal Credit Union, Oxnard, Calif., is scheduled to testify Wednesday before The House Financial Services Committee, as is Peggy Bosma-LaMascus, CEO of the $500-million Patriot FCU in Chambersburg, Penn.

WASHINGTON--CUNA sent a letter to members of the House and Senate Jan. 16. regarding its viewpoints on the new risk-based capital rule.

WASHINGTON—Both credit union trade associations have made a list of top association lobbyists in Washington as published by The Hill, which covers politics.

Listed were NAFCU’s Dan Berger, CEO, and Brad Thaler, VP of Legislative Affairs (the 12th and seventh year in a row for each, respectively), as well as new CUNA CEO Jim Nussle.

The Hill described Nussle as a “former House Budget Committee chairman and Office of Management and Budget director” taking the reins at CUNA “where he’ll continue to fight against banks to save credit unions’ tax exemption.”