NAFCU, CUNA comment on GSE fees usage

In a letter addressed to Sens. Kyrsten Sinema (D-Ariz.) and Rob Portman (R-Ohio), the National Association of Federally-Insured Credit Unions (NAFCU), the Credit Union National Association (CUNA), and other trade organizations urged Congress against using guarantee fees from the government-sponsored enterprises as a source of funding offsets.

Both NAFCU and CUNA have previously supported legislation prohibiting the use of G-fees to offset unrelated federal spending.

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