NAFCU President and CEO Dan Berger and other senior advocacy staff will be on Capitol Hill this week for the opening of the 116th Congress, representing credit unions and welcoming new and returning legislators as they are sworn in Thursday. As the new Congress begins, NAFCU will ensure all lawmakers are well-versed on issues of importance to the credit union industry as well as the association’s 2019 top priorities.The House and Senate will need to get right to work as part of the government remains unfunded and closed as a result. Funding for about a quarter of the federal government expired Dec. 21, forcing the departments of Treasury, Housing and Urban Development, Justice, Transportation, Interior, Homeland Security and State, among others, to shut down.Congress did extend funding for the National Flood Insurance Program (NFIP) before it lapsed last month, and FEMA, reversing a previous decision, is selling policies backed by the NFIP during the shutdown. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »
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Spanish giants Real Madrid’s president Florentino Perez has told French football champions Paris Saint-Germain that they would have to pay a massive one billion euros ($1.12 billion) if they wanted to sign Portuguese star Cristiano Ronaldo.The French club have long been linked with a move for the Portugal international, Real’s attacking spearhead and the team’s marquee player, and there has been speculation that they could make a move for the forward next season.Also read: Ronaldo sends signed Real Madrid shirt to Nepal earthquake victim But Madrid president Perez made it clear on Wednesday that PSG, who are owned by Qatar Sports Investments, have no chance of signing the forward, unless they are willing to break the transfer record, reported Spanish radio Cadena COPE on Wednesday.The transfer amount record is currently set by Real Madrid having signed Wales international Gareth Bale for 86 million pounds ($132 million) in 2013.”If PSG want Ronaldo, it’s easy, they have to pay the release clause, 1 billion euros. No one is a prophet in football but we don’t want to sell him in 2016. There are still three years left on his contract,” Perez was quoted as saying by Cadena COPE.