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Two by Two: NCUA, FDIC Nominees Likely Headed for Joint Hearing

From left to right, NCUA Board Member Michael Fryzel, District Government Employees FCU CEO Carla Leon-Decker and Branch Manager Ana Maria Roig in an NCUA photo from 2008. From left to right, NCUA Board Member Michael Fryzel, District Government Employees FCU CEO Carla Leon-Decker and Branch Manager Ana Maria Roig in an NCUA photo from 2008.

Like Noah’s ark, the Senate Banking Committee often considers nominees in pairs.

That’s why when NCUA Board nominee Carla Leon-Decker has a confirmation hearing she probably won’t be flying solo.

On the same day that the Obama administration announced her nomination last week, it also announced that it had picked Thomas Hoenig to become vice chairman of the FDIC Board.

The Senate Banking Committee hasn’t announced a hearing date yet for either nominee.

Hoenig, a Republican who was recently president of the Federal Reserve Bank of Kansas City, was nominated at the recommendation of Senate Minority Leader Mitch McConnell (R-Ky.).

Leon-Decker, who would succeed NCUA Board Member Gigi Hyland, is the president/CEO of the $47 million District Government Employees FCU in Washington, D.C.

The Senate left town for a one-week recess after the nominations were announced.

Nominees to the FDIC and the NCUA don’t usually generate much controversy on Capitol Hill. However, given that it is closed to a presidential election year, delays are possible.

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