The Senate Banking Committee won't confirm a NAFCU report thatNCUA Board nominee Rick Metsger's nomination hearing will be scheduled soon.

|

“We expect the plan is to have it happen next week before theJuly 4 recess, and it will likely be a hearing with a few othernominees pending before the committee,” NAFCU Vice President ofLegislative Affairs Brad Thaler said in a news alert sent out by the trade group onTuesday.

|

However, Senate Banking Committee spokesman Sean Oblack toldCredit Union Times, “We don't have a date to report atthis point.”

|

Metsger, a Democrat and former state senator who served on theboard of the Portland Teachers CU, was nominated to the NCUA Boardby President Barack Obama on May 15. If confirmed, he would fillthe current vacancy left by Gigi Hyland.

|

Metsger is the second nominee for Hyland's seat. DistrictGovernment Employees FCU President/CEO Carla Decker withdrew her nomination in February 2012 after a former boardmember leaked information about the $46 million credit union'sCAMEL score.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.