NCUA: Agency Economist Drives the Data Train
If John Worth worked at the United Nations, he might be helping delegates understand a language that is quite different from their native tongues.
Instead, he spends his days translating something equally impenetrable to most people, economic data.
Worth said another key part of his job is to provide economic analyses to agency employees during the rulemaking process. He declined to give a specific example in which his office influenced the content of a final rule, saying that “the decision-making process is proprietary.” However, when pressed he did say that he often has the chance to point out potential economic implications of a policy that hadn’t occurred to others.
CUNA Chief Economist Bill Hampel said, “While I don’t know for certain, I have a strong suspicion that [Worth] had an influence on the agency’s legacy asset plans for the corporates, and his input made it stronger.”