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NAFCU CU Champion awarded to Reps. Emmer and Perlmutter
NAFCU has awarded Reps. Tom Emmer, R-Minn., and Ed Perlmutter, D-Colo., the NAFCU Credit Union Champion Award in recognition of their leadership and track record of success on important credit union industry issues. NAFCU's Congressional Credit Union Champion Awards honor members of Congress who have shown extraordinary dedication to supporting credit unions through introduction of credit union-friendly legislation, cosponsoring of credit union-friendly legislation, leading or signing on to "Dear Colleague” letters, and exhibiting a pro-credit-union voting record.
First elected in 2014, Rep. Tom Emmer represents the 6th District of Minnesota and currently serves as the Chair of the National Republican Congressional Committee, coordinating efforts for House Republicans in the 2022 midterm elections. Emmer is a champion of credit unions in Congress. In 2020, he introduced the NAFCU-supported Credit Union Governance Modernization Act (CUGMA) to streamline member expulsion processes. He reintroduced this legislation in 2021 and assembled a bipartisan group of legislators to back the effort, including Perlmutter. These efforts led to the bill’s inclusion in the fiscal year 2022 omnibus spending bill that was signed into law earlier this year. In addition, Emmer successfully led efforts against a NAFCU-opposed proposal to create additional IRS reporting requirements for financial institutions – first included as part of the Build Back Better Act in 2021.
NAFCU thanks Representatives Emmer and Perlmutter for their outstanding commitment to the credit union industry.
Register now for NAFCU’s 2022 Congressional Caucus to hear directly from Members of Congress and credit union champions on important industry issues. The event, happening September 11-14, will be held in-person in Washington D.C. See the full agenda and stay tuned to NAFCU Today for more on this can't-miss event.