Gerry Horkan (Fianna Fail) | Oireachtas source

In her Mind the Gap address to the CUMA spring conference, Anne Marie McKiernan, the registrar stated:

What is striking from our engagements is that, with a small number of notable exceptions, we see little exploration as to how credit unions intend to leverage long term lending to drive future profitability ... Also, we have not received any specific proposal on changing long term lending limits at the sectorial level, or any proposed risk management framework to accompany greater long-term lending.

One can argue there is a lot in that and maybe there is not a lot in that.

What is Mr. Johnson's response to the comment that there is no specific proposal on changing long-term lending or that there has not been that much exploration as to how credit unions intend to use that long-term lending to boost profitability?