Reaction to the nomination of Carla Leon-Decker to the NCUA Board was favorable Friday.
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Current members of the NCUA board issued a statement supporting her nomination by President Barack Obama.
“Serving on the NCUA Board is a tremendous honor, and I sincerely congratulate Carla on her appointment by the Obama Administration,” said Chairman Debbie Matz. “Carla will bring valuable perspectives to the NCUA Board — particularly her inspiring commitment to providing affordable financial services for recent immigrants, low-income families, and many people of modest means.”
Hyland said, “Carla has extensive knowledge of the credit union system and I’m confident she will bring her acumen to the regulatory realm.”
Board Member Michael Fryzel said, “As NCUA chairman, I had the opportunity to visit her credit union and see firsthand the exemplary services she provides to the credit union community. She will be an invaluable asset to the NCUA Board and I look forward to working with her once she is confirmed.”
Meanwhile, Bill Cheney, president/CEO of CUNA, said, “We appreciate the White House nominating to the NCUA Board an individual with credit union experience, which we believe is important when appropriate safety and soundness policy is under consideration. We look forward to working with the Senate as the nomination moves forward – and we thank current Board Member Gigi Hyland for her service to the agency and to credit unions.”
Leon-Decker’s nomination must be approved by the Senate, where Republicans may not be willing to give the nod to a candidate who will give the Democrats a majority on the three-person panel.