HR 975 · 119th CongressIntroduced

Fewer board meetings for well-run credit unions

Banking & Financial

What the bill does

This bill changes how often federal credit union boards must meet. Currently, they must meet at least once a month. The new rule would let well-run credit unions meet only six times a year, while newer or struggling ones still meet monthly.

Why it matters

The stakes

Credit unions serve millions of Americans. This bill could reduce the time and cost for board meetings at healthy credit unions, but might also mean less oversight if a credit union's condition changes.

The debate

What each side says

Supporters

Reduces unnecessary meetings for well-managed credit unions, saving time and money.bill
Allows boards to focus on strategic issues rather than routine monthly meetings.report
Keeps stricter requirements for newer or riskier credit unions to ensure proper oversight.bill

Critics

Could weaken oversight if a credit union's rating changes between meetings.bill
May reduce accountability by allowing less frequent board meetings.report

Each point links to its source. The views are attributed to those sources, not stated as ours.

Follow the money

From this bill outward

The bill

where every tie is measured from

HR 975Fewer board meetings for well-run credit unionsBanking & Financial

Who paid lobbyists to work it

Direct tie24 groups · their total 2025 lobbying

Group	Issues	2025 lobbying (all issues)	Has PAC?
STATE OF LOC NATION GLOBAL PUBLIC BENEFIT CORPORATION›	AdvocacyOtherBanking	$80M	✗No PAC
CHAMBER OF COMMERCE OF THE U.S.A.›	EnergyBankingForeign	$70M	✗No PAC
NATIONAL ASSOCIATION OF REALTORS›	Real EstateBankingInsurance	$54M	✓NAORPAC
BUSINESS ROUNDTABLE INC›	EnergyBankingHealth	$34M	✗No PAC
META PLATFORMS, INC. AND VARIOUS SUBSIDIARIES›	TechSports & MediaBanking	$26M	✗No PAC
AMERICAN HOSPITAL ASSOCIATION›	HealthOtherForeign	$25M	✓AHAP
AMERICAN MEDICAL ASSOCIATION›	HealthForeignOther	$23M	✗No PAC
AARP›	BankingHealthTech	$21M	✗No PAC
GENERAL MOTORS COMPANY›	TransportBankingForeign	$20M	✓GMC
AMERICAN CHEMISTRY COUNCIL›	BankingEnergyTransport	$19M	✓ACCP
CTIA - THE WIRELESS ASSOCIATION›	TechDefenseOther	$19M	✓CTWAPAC
AMAZON.COM SERVICES LLC›	BankingTechLabor	$18M	✓ASLSSFAP
AMERICA'S HEALTH INSURANCE PLANS, INC. (AHIP)›	HealthInsuranceBanking	$17M	✓AHIPIPAP
LOCKHEED MARTIN CORPORATION›	DefenseOtherBanking	$16M	✓LMP
RTX CORPORATION AND AFFILIATES›	DefenseOtherBanking	$14M	✗No PAC
PHARMACEUTICAL CARE MANAGEMENT ASSOCIATION›	HealthTransportBanking	$14M	✗No PAC
NCTA - THE INTERNET & TELEVISION ASSOCIATION›	TechBankingDefense	$14M	✓NTITAPACN
GENERAL DYNAMICS CORP›	DefenseLaborOther	$13M	✓GDCPACGDEP
AMGEN INC.›	HealthBankingTech	$13M	✓AIP
GOOGLE CLIENT SERVICES LLC›	OtherLaborTech	$13M	✗No PAC
COMCAST CORPORATION›	TechBankingOther	$13M	✓CCPAC
FEDEX CORPORATION›	ForeignBankingTransport	$13M	✓FCPAC
PFIZER INC›	ForeignHealthBanking	$13M	✓PP
ALTRIA CLIENT SERVICES LLC›	HealthBankingOther	$12M	✗No PAC

Election money, in the distance

Background · not tied to this billBanking & Financial PACs -> the members who voted

The background money view appears when a bill has a recorded vote and matching sector PAC data.

Lobbying filings, contributions, and votes are public records shown side by side. The further down the chain, the further the money is from this bill. This page does not assert that money caused any vote.