Thomas Pringle (Donegal South West, Independent) | Oireachtas source

On first reading, the response of the Minister of State looks rather promising in respect of the proposal from the credit unions. When we examine it a little more closely, however, it is somewhat concerning, in particular in the use of language. The social housing clearing house group smacks to me of the banks and the clearing house work that banks undertake. There is a concerning sentence in the reply of the Minister of State, " The clearing house group is in the process of concluding its work and bringing forward further recommendations." The Minister of State goes on to say that the credit union proposals are outside any of the proposals that have gone to the clearing house group. To me, that does not augur well for the future of the proposals. Will the credit unions get to present to the clearing house group before the group concludes its work? Will their proposals be given serious consideration?

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