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Capitol Eyes 5.29.20

Cap Eyes 4.30.20
May 29, 2020
By Tom Harrington
  • Advocacy

Credit Unions Represented on Governor's Task Force on Student Debt

Earlier this year,  UW Credit Union President/CEO Paul Kundert was appointed by Governor Evers to serve on the Governor's Task Force on Student Debt. Kundert's presence on the Task Force ensures credit unions will continue to play a key role in working to combat the student debt crisis. In addition to his service on the Task Force, Kundert is a member of both The League's Government Affairs Committee and CUNA's Advocacy Committee.

View recorded meetings or find information for upcoming scheduled meetings of the Task Force >> (link no longer available)

Regulation D Change Is Now Permanent

The Federal Reserve recently announced that the amendment to Regulation D last month, eliminating the six-per-month on certain kinds of convenient transfers from savings deposit accounts, will be a permanent change.

The League and Activists asked members of Wisconsin's Congressional Delegation to encourage the Fed to take up the matter. Activists' relationships and persistent advocacy proved valuable to building awareness for our request for this change.

Read more of the Fed's Decision >>

2020 Will Feature New Faces

The Wisconsin State Legislature will have many new faces in January 2021, thanks to a series of announcements from legislators not seeking reelection for their current public office.

Eight State Senators will not return to their Senate office next session. Former State Senator Tom Tiffany (R-Minocqua) was elected as the newest Congressman representing the 7th Congressional District and Senate Majority Leader Scott Fitzgerald (R-Juneau) is a strong front runner to replace retiring Congressman Jim Sensenbrenner in the 5th Congressional District.

Thirteen Representatives will not return to represent their current Assembly district. Representatives Stafsholt (R- New Richmond), Felzkowski (R- Irma), Ballweg (R-Markesan) and Sargent (D-Madison) are running for a State Senate seat.

With this level of turnover in public office, relationship building, with candidates in advance of the fall election and with newly elected officials after the election, is even more crucial.

Help Make a Positive Impact Now 

You can simultaneously show the strength and engagement of The Credit Union Movement, while supporting our allies in office through the use of a CU Members' Conduit Account.

Unfamiliar with a CU Members' Conduit Account? Find out more >>

The League will send emails to CU Members' Conduit Account holders throughout the summer and fall recommending authorizations for credit union friendly candidates. Authorizations of any size, from the funds in your accounts, can together make a substantial impact!

You're the only one that can authorize funds from your account toward state-level candidates, but you can always check for recommendations on The League's Conduit Authorizations Page!

Setup a Conduit Account >>
Authorize a contribution from your Conduit Account >>

About The Author

Tom Harrington is the Political & Grassroots Specialist for The Wisconsin Credit Union League.