Missouri members of Congress have cosponsored legislation that would provide regulatory relief and an opportunity for credit unions to address concerns with examinations.
S. 727 and H.R. 1553, the Examination Fairness Bill, were both introduced on April 15. Missouri U.S. Representatives Ann Wagner (R-District 2) and Blaine Luetkemeyer (R-District 3) are original cosponsors of the House bill. Both Wagner and Luetkemeyer serve on the House Financial Services Committee. The Missouri Credit Union Association is working to add more Missouri cosponsors to the bill.
The examination fairness bills would:
Photos: (Top) U.S. Rep. Blaine Luetkemeyer (R-District 3), U.S. Rep. Ann Wagner (R-District 2)