CUNA Adds Lobbying MuscleTo Push For MBL Cap Increase

WASHINGTON-As final votes were being assembled on the small business lending bill before Congress, which could raise the member business loan cap to as much as 27.5% from the current 12.25% for credit unions, CUNA hired a new outside lobbying firm to help in the effort, Hecht Spencer & Associates. Timothy Hecht, a former deputy political director for the first Bush White House, and Franklin Phifer, a former aide to the House Ways and Means Committee, are lobbying for the trade group.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.