WASHINGTON--The Defense Credit Union Council has launched a targeted ad campaign in Punchbowl News to defend military members against harmful credit card legislation—including the Durbin-Marshall Credit Card Competition Act and a proposed 10% interest rate cap—with attempts to attach the mandates to the Fiscal Year 2026 National Defense Authorization Act, the trade group announced.
“Our nation’s military families deserve policies that strengthen their financial security—not jeopardize it,” said Anthony Hernandez, DCUC president/CEO, and (Ret.) Colonel, U.S. Air Force. “The proposals under consideration would hinder the ability of credit unions to serve their military members and communities with the safe, dependable, and mission-driven credit solutions.”
“DCUC is working tirelessly to ensure these harmful amendments don’t make their way into the NDAA," said Jason Stverak, DCUC chief advocacy officer. "We’re making our voice heard now just as we’ve done in previous years to urge Congress to reject these proposals and protect those who serve our country.”