When it comes to the status of Carla Decker’s nomination to the NCUA board, on Capitol Hill and at the White House the silence has been deafening.
Financial services sources say Obama administration is "trying to save her."
Agency has District Government Employees FCU rated a CAMEL 3 and subject of document of resoution and letter of understanding.
Senate Banking Committee is expected to hold a hearing on Carla Decker’s nomination to the NCUA Board on Nov. 17, industry sources said.
The African American Credit Union Coalition also supports new NCUA Board Nominee.
Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to what’s important and relevant. That’s good. In formulating your own opinions, there are several pieces to consider.
The NCUA is a low-profile agency, but that may not prevent the nomination of Carla M. Decker from getting caught up in pre-election political wrangling.
The Obama administration announced on Oct. 21 the nomination of Carla M. Decker, CEO of District Government Employees FCU, to replace NCUA Board Member Gigi Hyland, whose term has expired.
Credit unions by and large have been seen as the good guys in the ongoing housing finance crisis. In general, more conservative underwriting prevented most credit unions from making the mortgage loans that were most likely to wind up delinquent.
Like Noah’s ark, the Senate Banking Committee often considers nominees in pairs.