ALEXANDRIA, Va.-When the NCUA Board determined to move from its Washington D.C. headquarters, near other federal financial institutions regulators and the White House, to Alexandria, Va. the move was unpopular with the credit union movement and apparently the rest of the real estate seekers.
In a controversial 2-1 vote, with then-Chairman Roger Jepsen and Board Member Shirlee Bown? voting in favor and sole Democrat Board Member Bob Swan against, the agency began the process of building construction and moving.
"I took loads of heat for it.some criticism and some wild rumors for it," Jepsen said. "There was an emotional feeling by some that it was extravagant and not needed."
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