It Pays to be a CURIA Sponsor

WASHINGTON – CUNA reported Friday it made contributions to 58 different House members last month, nine of whom would subsequently sign on as co-sponsor of CURIA, the CU Regulatory Improvements Act. Among those receiving CUNA contributions were: Ed Royce, the California Republican who helped draft the bill ($2,500); Carolyn Maloney, the New York Democrat who is chair of the Financial Services Committee that will hear the bill ($2,500); Brad Sherman, the California Democrat who helped draft provisions of the bill ($2,500) and Steve Chabot, the Ohio Republican who was among the 12 original co-sponsors ($2,500). CUNA has made a total of $35,500 in contributions so far this year to 17 of the bill’s 53 co-sponsors. CUNA also made contributions last month to several leadership PACs, including Gorwth and Prosperity PAC, run by Alabama’s Spencer Bachus, the ranking Republican on Financial Services ($5,000); Prosperity PAC for Paul Ryan, the Wisconsin Republican ($5,000) and Victory Now PAC, for Maryland Democrat Chris Van Hollen ($5,000).