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WASHINGTON—After learning CUToday.info obtained a copy of a document being circulated among House Republican members that identifies the CU tax exemption as one of numerous ways the Trump Administration can find money to support the budget reconciliation bill, the Defense Credit Union Council quickly sent a letter to House leaders outlining why the CU tax status should not be changed.

WASHINGTON—As expected, the new Administration moved quickly Monday following the inauguration of Donald Trump as the 47th president of the United States to name Kyle Hauptman chairman of the NCUA board.

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Kyle Hauptman

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