WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the Senate Health, Education, Labor & Pensions Committee highlighting key financial considerations regarding Linda McMahon’s nomination as Secretary of Education.
DCUC Chief Advocacy Officer Jason Stverak emphasized the Department of Education’s critical role in financial education, student lending, and service member protections—"issues central to DCUC’s mission and the financial well-being of those who serve our country.” DCUC Calls on Senate Committee to Address Labor Policy Concerns Impacting Defense Credit Unions2/18/2025
WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the Senate Health, Education, Labor & Pensions Committee, emphasizing key labor and regulatory issues affecting defense credit unions. As the Committee reviews the nomination of Lori Chavez-DeRemer for Secretary of Labor, DCUC called for consideration of the impact of labor policies on defense credit unions and their ability to serve military and veteran members.
Driving the Week
Budget Resolution Although the House is in recess this week, House Speaker Mike Johnson (R-LA) canceled plans to attend a meeting in London in order to address the Republican conference virtually regarding the budget resolution. The Senate returns to Washington on Tuesday and could vote on its version of the budget resolution as soon as this week. The budget resolution is championed by Senate Majority Leader John Thune (R-SD) and Senate Budget Committee Chair Lindsey Graham (R-SC) who successfully reported it out of the Senate Budget Committee last week. If the Senate holds a vote this week, it will signal that Senate Republicans plan to continue moving forward with the two-bill reconciliation process, as opposed to the House's preferred one-bill approach (the House Budget Committee voted its version of the budget resolution out of committee Thursday evening). The Senate’s budget resolution focuses on defense and border security needs and does not include provisions to extend the 2017 Tax Cuts and Jobs Act. Your weekly advocacy update: Stay informed, take action, and champion the voice of America’s defense credit unions! It’s been another busy week for DCUC, packed with several letters, articles, and public statements regarding recent legislative action that directly impacts your credit union.
One thing is for certain—DCUC remains committed to ensuring your credit union is heard and well-represented. Stay up to speed as we push forward! Follow along with our weekly announcements here.
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) is proud to welcome Telhio Credit Union as its newest member. Founded in 1934 to serve Columbus Telephone Company employees, Telhio CU has since expanded to support individuals and Select Employer Groups across Central and Southwest Ohio.
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) strongly supports the recent actions taken by House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) in introducing Congressional Review Act (CRA) resolutions to repeal the Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees for banks and credit unions. DCUC commends this critical effort to protect access to, and uphold responsible, essential financial services.
WASHINGTON, D.C. – Today, the Defense Credit Union Council (DCUC) sent a letter to the House Budget Committee, strongly advocating for the preservation of the credit union tax exemption as the committee deliberates on federal budget and reconciliation.
DCUC continues to emphasize to policymakers the impact credit unions—particularly those serving military families and veterans—have in providing access to affordable financial services, supporting small businesses, and ensuring financial readiness for those who serve our country. WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) provided its comments earlier today to the House Financial Services Committee addressing key challenges facing defense credit unions as the committee prepares for its hearing, titled “Semiannual Monetary Policy Report to Congress.” DCUC stressed in its letter that over-regulation, tax policy threats, and restrictive lending caps undermine credit unions’ ability to serve our Nation’s military and veteran communities’ financial needs.
WASHINGTON, D.C. – The Defense Credit Union Council (DCUC) has provided comments ahead of the Senate Indian Affairs Committee oversight hearing, titled "Native Communities’ Priorities for the 119th Congress." In a letter sent earlier today, DCUC noted how many Native American communities, especially those in banking deserts, lack access to affordable financial services, leaving them vulnerable to predatory lending.
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