Janelle Bynum (D-OR)
Credit Union Investment Authority Act
A Democratic bill with 2 Republican cosponsors · See all 2 cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
H.R. 10082, known as the Credit Union Investment Authority Act, was introduced in the House on August 13, 2026. This bill amends the Federal Credit Union Act to expand the investment powers of federal credit unions. It allows these credit unions to invest in certain corporate debt and asset-backed securities. The National Credit Union Administration Board is required to issue regulations for these asset-backed securities investments within one year.
Yes· 3 of 5
- Scored +2
Is this likely to grow the economy?
Expanding investment authorities for credit unions can promote liquidity and broader economic participation.
- Scored +1
Does this make it easier to run a small business?
By expanding investment options, credit unions may eventually have more diverse capital to support various business interests.
- Scored +1
Would middle-income households be better off under this?
Enhanced investment options for credit unions may indirectly benefit middle-class members through better returns or service diversity.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Section 2 permits federal credit unions to invest in marketable obligations, bonds, notes, or other indebtedness of various agencies, associations, or companies. This could be positive because it gives credit unions more options for where to put their money, with a safeguard limiting an investment in any one issuer to no more than 10 percent of the credit union's paid-in unimpaired capital and surplus.
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Section 3 allows credit unions to invest in asset-backed securities. This might be considered positive because it broadens their financial portfolio, though the National Credit Union Administration Board must set specific rules regarding the minimum size, minimum aggregate sale price, and investment grade of these securities.
Potential Negative Impacts for People
- Based strictly on the provided text, there are no specific negative impacts or burdens explicitly mentioned for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Is this likely to grow the economy? — Expanding investment authorities for credit unions can promote liquidity and broader economic participation. Does this make it easier to run a small business? — By expanding investment options, credit unions may eventually have more diverse capital to support various business interests.
- Demographic And Interest Groups
- Would business owners be better off under this? — Broader investment capabilities can improve the financial ecosystems that businesses rely on. Would middle-income households be better off under this? — Enhanced investment options for credit unions may indirectly benefit middle-class members through better returns or service diversity.
- Governance And Ideology
- Does this give the federal government more power? — The bill expands federal regulatory and investment authorities over credit unions.
- 9/24/2026
- 1 Cosponsor added.
- 8/13/2026
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
Young KimRepublican · California
Michael LawlerRepublican · New York