H.R. 975: Credit Union Board Modernization Act

H.R. 975 is a federal bill in the 119th Congress. Before this bill, the board of directors for every federally insured credit union was required by law to meet at least once every month. Under the new rules, credit unions that are newly established or have a low financial soundness rating must still meet… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.