Incoming NCUA Board Member J. Mark McWatters also touts transparency and cost-benefit analysis for rulemaking.
New NCUA board member says he looks forward to addressing the challenges facing the credit union industry.
Incoming NCUA Board Member Mark McWatters will be sworn in at House Financial Services Chairman Jeb Hensarling's Dallas office.
Legislative add-on that would have delayed the risk-based rule's implementation fails to advance past committee.
Credit unions need a guarantee that a final risk-based capital rule won't put them at a competitive disadvantage to banks.
Mark McWatters has been cleared to become the next member of the NCUA Board.
CUNA executives say a recent meeting with NCUA Chairman Debbie Matz on the risk-based capital rule was productive.
NCUA chairman tells Congress the agency measures reputation risk using objective qualitative assessment factors.
The House Financial Services Chairman asks the NCUA to explain how examiners use reputation risk to judge safety and soundness.
House Financial Services subcommittee targets two CFPB managers and a union VP who refused to testify April 2.