Cubbies Lose Another One
Deborah Matz, recently nominated by President Obama to chair the NCUA Board, recently told Credit Union Times that she's a New York Yankees fan.
"I can't really talk before my [confirmation] hearing, but can confirm that I am a Yankee fan. I grew up in the Bronx,'' she said.
Board Member Gigi Hyland also roots for the Bronx Bombers.
That means if the Senate approves Matz's nomination, the board will have a majority of Democratic female fans of the Yankees.
NCUA Chairman Michael E. Fryzel, who would remain on the board, is a Republican and a Chicago Cubs fan.
It's unclear if pinstripes, a hallmark of the Yankees' uniform, will become the required dress code at the agency or whether the board plans to inject capital into the team's coffers to help it acquire decent pitching.
The ascension of two Yankee fans to the board of an agency that regulates financial institutions that pride themselves in supporting the little guy is an ironic twist.
Many fans of other teams see the Yankees as embodying all that is wrong with the game: They spend more on a few players than some teams spend on their entire payroll, and they take unfair advantage of the financial weaknesses of others. The Yankees may be baseball's answer to JPMorgan Chase or Goldman Sachs.