The NAFCU Journal September-October 2019 - 6

WASHINGTON AND INDUSTRY BRIEFS

Rep. Maxine Waters:
Valuing Credit Unions
House Financial Services Committee chair shares her perspective as
she - and the committee - work to ensure a fair playing field for
credit unions
Note: This is the second in a two-part series. Part one, with Sen. Mike Crapo, appeared in the July/August 2019 issue.
Q: What do you hope to get done
in your committee in this Congress
as chairwoman?
A: As chairwoman, I am committed
to ensuring that the regulatory
playing field is fair for credit unions
while ensuring consumers are
protected from abusive practices
by any financial firm.
I am also prioritizing holding megabanks and their regulators accountable,
making sure there are strong safeguards
in place to prevent another financial
crisis, expanding and supporting
affordable housing opportunities,
tackling the homelessness crisis,
encouraging responsible innovation
in financial technology, promoting
diversity and inclusion in the financial
services sector, conducting appropriate
oversight, and ensuring that hardworking Americans and small businesses
have fair access to the financial system
and opportunities to thrive.
Already this Congress, our committee
has advanced legislation to end homelessness, protect consumers, modernize
the Anti-Money Laundering/Bank
Secrecy Act framework and create a
safe harbor for credit unions and other
financial institutions to serve state-regulated cannabis businesses. Some of the
6

important issues we are going to try to
tackle on a bipartisan basis this Congress include long-term reauthorization
and reform of the National Flood Insurance Program (NFIP), Terrorism Risk
Insurance Act (TRIA) and the reauthorization of the job-creating ExportImport Bank of the United States.
Q: How important is bipartisanship
to passing legislation?
A: Throughout my career, I have
looked for opportunities to build
consensus and work across the aisle
on common-sense solutions to benefit

hardworking Americans. As chairwoman, I am continuing to work to find
areas where we can all work together,
including ways to level the playing field
for our nation's credit unions while
maintaining appropriate safeguards.
Q: Credit unions are committed to
bettering their communities and the
people they serve. How important
are credit unions to you and your
constituents?
A: For years, credit unions have set
the standard for how financial institutions should deliver real value for their

THE NAFCU JOURNAL  SEPTEMBER-OCTOBER 2019


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The NAFCU Journal September-October 2019

Table of Contents for the Digital Edition of The NAFCU Journal September-October 2019

The NAFCU Journal September-October 2019
Contents
Conferences
From the Chair
Washington and Industry Briefs
The Bottom Line
Access to Money
The Best Indirect Growth Strategy
Big Moments, Bigger Wallet Share
Executive Spotlight
Management Insight
Compliance Central
Inside NAFCU Services
Industry Perspectives
From the President’s Desk
The NAFCU Journal September-October 2019 - The NAFCU Journal September-October 2019
The NAFCU Journal September-October 2019 - Cover2
The NAFCU Journal September-October 2019 - Contents
The NAFCU Journal September-October 2019 - 2
The NAFCU Journal September-October 2019 - Conferences
The NAFCU Journal September-October 2019 - From the Chair
The NAFCU Journal September-October 2019 - 5
The NAFCU Journal September-October 2019 - Washington and Industry Briefs
The NAFCU Journal September-October 2019 - 7
The NAFCU Journal September-October 2019 - The Bottom Line
The NAFCU Journal September-October 2019 - 9
The NAFCU Journal September-October 2019 - Access to Money
The NAFCU Journal September-October 2019 - 11
The NAFCU Journal September-October 2019 - 12
The NAFCU Journal September-October 2019 - 13
The NAFCU Journal September-October 2019 - 14
The NAFCU Journal September-October 2019 - 15
The NAFCU Journal September-October 2019 - The Best Indirect Growth Strategy
The NAFCU Journal September-October 2019 - 17
The NAFCU Journal September-October 2019 - 18
The NAFCU Journal September-October 2019 - 19
The NAFCU Journal September-October 2019 - 20
The NAFCU Journal September-October 2019 - 21
The NAFCU Journal September-October 2019 - 22
The NAFCU Journal September-October 2019 - 23
The NAFCU Journal September-October 2019 - Big Moments, Bigger Wallet Share
The NAFCU Journal September-October 2019 - 25
The NAFCU Journal September-October 2019 - 26
The NAFCU Journal September-October 2019 - 27
The NAFCU Journal September-October 2019 - 28
The NAFCU Journal September-October 2019 - 29
The NAFCU Journal September-October 2019 - Executive Spotlight
The NAFCU Journal September-October 2019 - 31
The NAFCU Journal September-October 2019 - Management Insight
The NAFCU Journal September-October 2019 - 33
The NAFCU Journal September-October 2019 - Compliance Central
The NAFCU Journal September-October 2019 - 35
The NAFCU Journal September-October 2019 - Inside NAFCU Services
The NAFCU Journal September-October 2019 - 37
The NAFCU Journal September-October 2019 - 38
The NAFCU Journal September-October 2019 - 39
The NAFCU Journal September-October 2019 - Industry Perspectives
The NAFCU Journal September-October 2019 - 41
The NAFCU Journal September-October 2019 - 42
The NAFCU Journal September-October 2019 - 43
The NAFCU Journal September-October 2019 - From the President’s Desk
The NAFCU Journal September-October 2019 - Cover3
The NAFCU Journal September-October 2019 - Cover4
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