NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an approach.
GARY G. MILLER: “NAFCU believes that any relief efforts should not bifurcate the industry by asset size and would not support such an…”
Editor's note · Context
Gary Miller emphasizes the need for uniform regulatory relief for all credit unions.
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We are starting to see a rebound in the housing market, and that is really important to the economic recovery of this country and for job creation.
I have some real concerns with that. I have had a concern with the definition between subprime and predatory for years, and I am glad to see we are going to finally deal with it.
On the recent ruling on Basel III, you acknowledge insurance companies are very different from banks, and you postponed any negative decision on that. I think that was a very, very wise move.
I enjoyed your opening statement. You talked about empowering consumers, fair, transparent, and competitive marketplaces, and dealing with bad actors.





