Key Lawmakers Sign on to Speak at 2012 CUNA GAC
As 2012 begins, members of Congress are joining the speaker lineup for this year's Credit Union National
Association (CUNA) Governmental Affairs Conference (GAC), with Reps. Ed Royce (R‐Calif.), Barney Frank
(D‐Mass.), Carolyn Maloney (D‐N.Y.) and Carolyn McCarthy (D‐N.Y.) and Sen. Mark Udall (D‐Colo.)
signing on to speak.
Royce, McCarthy and Udall are the main sponsors of separate House and Senate bills that would lift the
12.25%‐of‐assets credit union member business lending (MBL) cap to 27.5% of assets. Maloney, a senior
member of the House Financial Services Committee and the ranking Democrat on the financial
institutions and consumer credit subcommittee, is a key cosponsor of the House bill.
Frank, a 16‐term member of Congress who is retiring at the end of this session, will also bring his
singular speaking style to the credit union movement's premier political event and largest national
conference. The former chair and current ranking member of the powerful House Financial Services
Committee was one of the architects of the most sweeping financial reform package in decades, the
Dodd‐Frank Financial Regulatory Reform Act, and he ensured that language that exempted small
institutions from Consumer Financial Protection Bureau oversight was included in this bill.
The legislators will join former Secretary of State Condoleezza Rice, premier, non‐partisan political
analyst Charlie Cook, journalistic duo Bob Woodward and Carl Bernstein, and others on the 2012 GAC
The GAC, which takes place March 18‐22 at the Washington Convention Center in Washington, D.C.,
provides more than 4,000 credit union executives and board members an opportunity to hear
influential leaders from Congress, the Administration and the federal regulatory agencies, and discuss
pressing credit union issues with their respective members of Congress and staff during Capitol Hill
Recognized as the key conference to attend for political impact, credit union networking and industry
updates, the GAC also offers a wide array of educational breakout sessions, the industry's largest
exhibitor showcase, guest/family programs to tour Washington's sights, and special entertainment
including an opening concert and the closing Gala Reception and Dance. And this year, the whole event
will be kicked off by American Idol star Taylor Hicks, who will perform at the opening concert, sponsored
by the CUNA Councils.
Additional speakers and session topics will be announced in the weeks to come.