JAMESBURG, N.J. – U.S. Congressman Rush Holt (D-12) met yesterday with credit union leaders at the NJCUL’s CEO Roundtable at Forsgate Country Club in Jamesburg.
N.J. credit union leaders meet with U.S. Congressman Rush Holt (center).
New Jersey credit union leaders had a unique opportunity to hear the latest from Washington D.C. and to share insights on important credit union issues. MBL reform was first on the agenda, followed by the importance of giving credit unions access to supplemental capital.
A five-term member of Congress, Holt has added his co-sponsorship to MBL reform in the current and previous Congress and signed a “Dear Leadership” letter encouraging inclusion of MBL provisions in any jobs package. He agreed to consider adding his name to the supplemental capital as well.
A credit union member himself, Holt is familiar with, and supportive of, the unique role credit unions play in the financial services marketplace.
In addition to being a physicist-turned-lawmaker, Holt is a five-time Jeopardy game show winner, and the only contestant to beat Watson, IBM's Jeopardy computer system.