Sens. Mazie Hirono, D-Hawaii, and Dan Sullivan, R-Alaska, introduced legislation Tuesday to exempt credit union loans made to veteran-owned businesses from the member business lending cap.

“This bipartisan bill would allow credit unions to get additional capital out to meet the needs of veteran business owners,” said CUNA President/CEO Jim Nussle. “Credit unions have a long history of service to servicemembers, and we thank Sens. Hirono and Sullivan for their bipartisan leadership to help credit unions do even more.”

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