Dodd-Frank mandated tests, which include systemically catastrophic models, produce far worse results than FHFA's testing of Fannie and Freddie.
The Senate Banking, Housing and Urban Affairs Committee nomination hearing for Mark McWatters to serve on the NCUA Board has been rescheduled for March 13.
Confirmation hearing for NCUA board hopeful was postponed due to weather. New date with Senate Banking Committee is March 13.
In Senate hearing Tuesday, agency director also defends $95 million cost of CFPB building work.
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.
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
For some credit unions, finding ways to create alternative capital can be a daunting and ongoing strategic maneuver.