NCUA Reviewing Federal Pay Freeze
NCUA Public Affairs Specialist John Fairbanks said Friday the agency is reviewing the spending bill passed by Congress this week to determine how the federal pay freeze, included in H.R. 933, will apply to the agency’s employees and budget.
The Senate passed the $984 billion spending bill Wednesday by a 73-26 vote and the House passed it Thursday 318-109. It now awaits President Barack Obama’s signature. Obama has expressed disappointment with the pay freeze but has not threatened to veto it. The bill will fund the federal government through the end of the fiscal year, Sept. 30.