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NAFCU's Dan Berger and Carrie Hunt met with White House officials Tuesday to discuss credit union priorities and the administration's efforts on a number of key issues. NAFCU has strong working relationships with leaders in the Trump administration and is appreciative of the administration's support of credit unions.

Berger, NAFCU's president and CEO, and Hunt, executive vice president of government affairs and general counsel, met with National Economic Council Special Assistant to the President Rebekah Jurata.

A top priority for NAFCU remains preserving the credit union industry's tax exemption; the association has worked closely with the Trump administration to protect it throughout tax reform efforts. An independent study commissioned by NAFCU found the credit union tax exemption provides a $16 billion per year benefit to the U.S. economy and allows credit unions to offer better loan and deposit rates to consumers. The association's advocacy on the issue has also been featured in this Wall Street Journal article.

NAFCU is also supportive of the president's efforts to pursue regulatory relief for credit unions, especially related to burdens under the Dodd-Frank Act. The association last year secured the credit union industry's first meeting with President Donald Trump at the White House, which was attended by NAFCU-member credit union CEOs. This meeting helped ensure the president's support of the NAFCU-backed Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), which was enacted in May.

The Trump administration continues to work on housing finance reform and NAFCU has led efforts to ensure credit unions' unfettered access to the secondary mortgage market in any housing finance reform. The association has urged the Trump administration and Congress to work together on a comprehensive solution, and its core principles for housing finance reform were cited in a recent report from the Government Accountability Office calling on Congress to consider housing finance reform legislation.

In addition to regulatory relief and housing finance reform, NAFCU is engaged with the White House on a number of issues, including small business lending, community revitalization, data security and the Americans with Disabilities Act (ADA).

See NAFCU's 2019 priorities here.