Legislative Update with Jay Kruse
by Jay Kruse
Chief Advocacy Officer
12/3/2019

Good Morning!

 

I hope everyone had a bountiful and relaxing Thanksgiving holiday. After finally finishing off all the leftovers in the fridge, I’m considering this Thanksgiving another success!

 

Both the House and Senate are in session this week and next, prior to their scheduled annual December recess. The anticipated in-district work period is scheduled for December 16 through January 1st, but Congress still has an expiring Continuing Resolution looming on December 20th.  A continuing resolution, or “CR,” is a temporary tool that Congress can utilize to fund the federal government for a limited amount of time. In addition to helping avoid a government shutdown, a CR gives lawmakers more time to enact the appropriation bills that are necessary to fund the federal government for the full fiscal year.

 

President Trump signed the current “stopgap” CR just a few weeks ago in late November, giving Congress approximately a month to come up with a compromise. It’s going to be interesting to see how things progress in the next two weeks with ongoing impeachment hearings taking place at the same time.

 

CUNA/The Leagues Team Meetings

 

I am fortunate to have the opportunity to spend the beginning of this week brainstorming and sharing ideas with GAPs, Government Affairs Professionals, from across the country as part of our annual winter CUNA/The Leagues team meetings. AACUL’s Political Involvement & Grassroots Committee is kicking-off this morning, followed by a meeting of the State Issues Advocacy Committee, of which I am a member. The names of these national committees give a great indication of the issues each takes on, but I am particularly looking forward to our continued conversations in the State Issues Advocacy Committee.

 

This committee takes on an extremely wide range of issues progressively affecting credit unions in multiple states across the nation. Recent research and collaboration has been focused on the issues of Data Security, Cannabis Banking, and Interstate Branching/Banking and has expanded to include overdraft protection and remote deposit capture lawsuits as well as the seemingly never-ending bank attacks that continue to be waged against credit unions across the nation.

 

The point of these discussions is to improve the credit union operating environment by discovering legitimate and executable solutions that can be shared and utilized by all credit unions. Most importantly, participation in these committees helps us ensure Dakotas’ credit unions are engaged and well informed of the many progressive issues facing credit unions today and into the future.

 

If you have questions, concerns, or feedback regarding these or any other advocacy issues, please do not hesitate to contact me. Have a great week!

 

 

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