NCUA Board Members Debbie Matz and Michael Fryzel said they are eagerly anticipating comments on a rule that would grant new investment authorities but could set a pay-to-play precedent that concerns trade associations.
Rick Metsger, a former Oregon state senator who has sponsored credit union legislation and once served on a credit union board, was nominated by President Barack Obama May 15 to serve on the NCUA Board.
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
ALEXANDRIA, Va. — A final derivatives rule could cost the agency as much as $16 million over three years.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
ALEXANDRIA, Va. — NCUA Board encourages comments on proposed rule that would grant new investment authorities. Trades express concern.
Oregon consultant was named "state legislator of the decade" by state league while serving as state senator.
Former state senator would likely take Gigi Hyland's old spot on the board if approved, sources tell Credit Union Times.
NCUA Chairman Debbie Matz last week announced the selection of James Hagen as the agency’s next inspector general. Hagen, the current deputy inspector general for audit, will assume his new post June 1. He will succeed William DeSarno, who is retiring.
Willian DeSarno to retire and James Hagen to take over IG position on June 1, agency says.