WASHINGTON-The Senate Banking Committee, chaired by SenatorRichard Shelby (R-Ala.), took the bulk of the day July 26 forhearings on presidential nominees to various positions ingovernment. John C. Dugan had been nominated to head up the Officeof the Comptroller of the Currency. Federal Deposit InsuranceCorporation Vice Chair John M. Reich was nominated to director ofthe Office of Thrift Supervision. Senior staffer to Senator PaulSarbanes (D-Md.) Martin J. Gruenberg was nominated to replace Reichon the FDIC Board. In the morning panel, the committee heard fromthree nominees for the Securities and Exchange Commission.Congressman Christopher Cox (R-Calif.) was nominated as chairman,while Roel C. Campos and Annette L. Nazareth were nominated ascommissioners. A vote on the nominees was expected for lastThursday, after deadline. It was anticipated that all would beconfirmed. NCUA Board nominee Rodney Hood is still awaiting aconfirmation hearing. Those close to the confirmation process havesaid the committee is likely waiting for a Democratic nominee tocome forward and run the two through together. Shelby PressSecretary Virginia Davis told Credit Union Times, "Senator Shelbyis hopeful the committee will be able to consider his nominationand others that are ready to be acted upon after the Augustrecess." Democratic NCUA Board Member Debbie Matz's term is up Aug.2. GiGi Hyland, general counsel at Empire Corporate, appears to bethe front-runner for the Democratic slot. With Matz' term justending and former NCUA Chairman Dennis Dollar's seat with less thanfour years left on the term, Hood will likely be seated to the fullsix-year term.