And the amendment also includes credit union fees in an effort to provide a more comprehensive picture of market practices. The legislation we consider today will give some benefit to financial institutions. We need to benefit consumers at the same time. We were disappointed that the Fed chose not to continue this expired reporting requirement voluntarily. We hope to work with Mr. LaFalce on other amendments to make sure that the Financial Services Committee passes laws that benefit consumers as well as the industry.
Credit unions are firm believers in consumer choice.
That's why we are so grateful for Mr. LaFalce's leadership on this important issue. Now this bill will make it easier to comparison shop, and we think that's good for consumers and for credit unions.