Wall Street Fetes Financial ServicesChairman Oxley

NEW YORK - (09/01/04) – The credit unions joined thebankers in Monday night’s salute to House Financial ServicesChairman Michael Oxley of Ohio, one of the toughest tickets at thisweek’s Republican National Convention. The event, sponsoredby CUNA and NAFCU, as well as the Securities Industry Association,Financial Services Roundtable, Independent Bankers Association ofAmerica, and at least a dozen other financial groups, featuredthree live bands: Frank Sinatra Jr., Christopher Cross and TonyTenile; as well as an ‘A’ list of current and formerlawmakers. Joining Oxley were former Financial Services (Banking)Committee Chairman Jim Leach of Iowa, former Senate BankingCommittee Chairman Phil Gramm of Texas, and Rep. Spencer Bachus ofAlabama, current chairman of the subcommittee on FinancialInstitutions. “We were glad to be one of the main sponsors,CUNA’s chief lobbyist John McKechnie, told The Credit UnionJournal, explaining that events like this one help give CUNAprominent visibility among convention-goers. Brad Thaler, lobbyistfor NAFCU, said he was able to chat briefly with Oxley, who setsthe agenda on the Financial Services Committee, about his impendingvisit to Ohio credit unions.