Marx on Capitol: Decker Hearing Will Be Tame
Carla Decker can thank James Madison.
When she raises her right hand this week before her confirmation hearing at the Senate Banking Committee, she will continue a tradition that dates back to the 18th century.
Perhaps the American Bankers Association’s Keith Leggett, its in-house credit union critic, will submit a statement that says, “If Carla Decker had her way, credit unions would make more business loans and do other things to continue their taxpayer subsidized destruction of community banks that are the fabric of this country. Also, by picking someone steeped in credit unions with no regulatory experience, President Obama has given the agency an industry lapdog rather than a watchdog.”
Then again, perhaps not.