Driving the Week​

​House Republican Retreat
House Republicans are in Miami this week for their annual policy retreat. President Trump will be the keynote speaker at the retreat this evening. Vice President Vance will address the retreat on Tuesday.​

WASHINGTON, D.C. – This morning, the Defense Credit Union Council (DCUC) sent a letter to the Senate Committee on Small Business and Entrepreneurship regarding the confirmation of The Honorable Kelly Loeffler as Administrator of the Small Business Administration (SBA).

​In the letter, DCUC Chief Advocacy Officer Jason Stverak shared how credit unions—memberowned, not-for-profit financial cooperatives—continue to provide essential financial services to underserved communities, including military families, at lower costs than for-profit institutions. 

​WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) applauds Representative Andy Barr (R-KY) for introducing new legislation (H.R. 654) that would subject the CFPB to the congressional appropriations process.

Top Initiatives This Week

​This week, we celebrated the introduction of two key pieces of legislation:

• Senators Tim Sheehy’s (R-MT) and Chris Van Hollen’s (D-MD) introduction of the VA Home Loan Awareness Act of 2025, (read our release here), and Rep. Andy Barr's (R-KY) introduction of H.R. 654 that would subject the CFPB to the congressional appropriations process, read more here.
• ​Also, last Friday, we caught wind of document (see page 11) circulating on the Hill and sent a letter to the House GOP expressing our opposition to proposals that would eliminate the federal tax-exempt status of credit unions. See our comments provided to CUToday and Credit Union Times.

​WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) commends Senators Tim Sheehy’s (R-MT) and Chris Van Hollen’s (D-MD) introduction of the VA Home Loan Awareness Act of 2025 . In recent letters, DCUC has urged Congressional committees for necessary reform to the current VA Home Loan program to enhance and ensure improved housing access and resources for our Nation’s military and veteran communities.

The Defense Credit Union Council (DCUC) sent a letter to the House GOP expressing its strong opposition to proposals that would eliminate the federal tax-exempt status of credit unions. DCUC's letter comes in light of the topic reportedly being considered as part of the upcoming budget reconciliation bill.

​WASHINGTON, D.C. – Yesterday, the Defense Credit Union Council (DCUC) participated in key stakeholder meetings alongside America's Credit Unions (ACU) organized by the Electronic Payments Coalition (EPC) to oppose legislative efforts proposing to alter the interchange system in the new Congress. DCUC has actively countered repeated attempts by Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) to introduce legislation or studies imposing new credit card routing mandates, which would harm consumers and jeopardize the financial readiness of servicemembers and veterans.

WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the Honorable Andy Barr, Chairman of the Financial Institutions and Monetary Policy Subcommittee of the House Financial Services Committee, commending his leadership in introducing the de novo bank bill.

WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) celebrates the U.S. House and Senate’s support of the Veterans Member Business Loan (VMBL) Act, vital legislation empowering veteran entrepreneurs by removing arbitrary lending caps currently hindering credit unions from fully supporting service members and veterans in their business ventures. The current lending caps were first imposed by Congress through the Credit Union Membership Access Act of 1998. See the official congressional announcement here. ​