X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

<p>WASHINGTON-Congress is unlikely to formally adjourn until it is required to on Jan. 3, 2002, according to NAFCU Associate Director of Legislative Affairs Brad Thaler. Congress will probably remain in a pro forma session until that date, when it must adjourn and begin the second session. The move will make it harder for President George W. Bush to make any recess appointments in December, including up to two for the NCUA Board. Iowa State Senator JoAnn Johnson has been officially nominated to the seat currently occupied by Yolanda Wheat but is awaiting confirmation by the Senate. It will also leave little room for NCUA Board Member Geoff Bacino for another recess or full appointment. As a recess appointee, Bacino’s term must end when Congress adjourns, before the January 17 NCUA Board meeting. Senator Tom Daschle has recommended Bush nominate former USDA official Deborah Matz to the lone Democratic seat on the board. No word yet from the administration on Daschle’s choice.</p>

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

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.