#4110: TruStage's Alane Dent Navigates Legislative Challenges for Credit Unions in 2026....

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TruStage’s VP, Corporate and Legislative Affairs, Alane Dent stopped by the show to share items that should be top of mind legislatively for credit unions in 2026.
 
Alane talked about the outlook on Congress’ ability to meet that funding deadline in regards to the upcoming CR  (Continuing Resolution), which expires January 30th.
 
That said, she also addressed the CDFI Fund appropriation and staffing being tied up during the last federal shutdown in October -- and what she anticipates will happen if there is another shutdown in 2026.
 
Alane commented on the continued pressure that banks are applying to congressional leaders regarding the tax exempt status of credit unions. She explained the current attack(s)/pressures and how they differ from what was experienced earlier in 2025
 
Lastly, Alane added that if there were to be any action by legislators in regards to the tax exempt status of credit unions, when could we expect to see it? 

Q&A
What are the key legislative issues that credit unions should focus on in 2026?
Alane highlighted three main issues: (1) the expiration of the current continuing resolution, (2) the survival of CDFI funds, and (3) ongoing attacks on credit unions' tax status.
What is the current status of CDFI funding and its challenges?
The CDFI received $8.8 million for 2024 funding, but there are concerns about slow releases and ongoing threats to its funding and staffing due to government actions.
How did the recent government shutdown affect the CDFI fund?
The shutdown led to staffing losses and furloughs within the CDFI fund, impacting its operations and funding capabilities.
What potential challenges do states face regarding their budgets in 2026?
States may face deficits due to their tax codes being tied to federal tax codes, leading to potential challenges in funding and revenue generation.
What upcoming regulatory issues should credit unions prepare for in 2026?
Credit unions should prepare for discussions on stablecoin regulation and potential changes in field of membership and board modernization.
What is the significance of the GAC conference in relation to upcoming legislative actions?
The GAC conference, occurring at the end of February, will coincide with critical legislative discussions, making its timing particularly important.

Check it out and let us know your thoughts. And be sure to watch the entire episode below for all the details.