WASHINGTON — In the high-stakes lobbying war over a credit union lending bill, truth has often been a casualty, as both sides of the debate offer a number of exaggerations and outright deceptions in an attempt to push their agendas.

Under the legislation, which the Senate is expected to vote on soon, credit unions would be allowed to make business loans worth up to 27.5% of their assets — more than double the current lending cap.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.