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WASHINGTON – Former NCUA Board Member Geoff Bacino, currently nominated to the Federal Housing Finance Board, said during his confirmation hearing last week that his experience serving on the NCUA Board should translate to the new post if confirmed.

“I understand the need for a reasonable, rational regulator,” he said. He pointed out that during his time at NCUA the board’s policy went from a one-size-fits-all approach to one more adapted to different institutions’ needs. True to form, Bacino made his usual baseball analogies, likening regulators to umpires calling the game but not playing.

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