WASHINGTON - (10/25/04) -- A $5,000 contribution to Coloradosenate candidate Ken Salazar; $1,000 for Rep. Mark Foley ofFlorida; $500 for Rep. Mike Doyle of Pennsylvania. CUNA's politicalaction committee has been feverishly doling out campaigncontributions to candidates from Maine to California over the pasttwo weeks--$140,000 to 90 different candidates, all distinguishableby their avowed support for credit unions. "I feel a little likeGeorge Steinbrenner in that Visa commercial," said CUNA politicaldirector Richard Gose, referring to the television ad showing theNew York Yankees owner with an injured hand from writing too manychecks. "We've been spreading it out quite a bit, now that it'sdown to the wire," Gose told The Credit Union Journal. Among thecandidates receiving the maximum allowable $5,000 contribution forthe general election in the past two weeks are: Reps. John Dingell,D-Mich., Carolyn Kilpatrick, D-Mich., Fred Upton, R-Mich., VernonEhlers, R-Mich., and newcomers Thelma Drake, R-Va., and JeffFortenberry, R-Neb. CUNA has made over $2.6 million in campaigncontributions during the current election cycle, including almost$300,000 to 140 candidates over the past six weeks.
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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4 -
House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3