ALEXANDRIA, Va. — Although NCUA Chairman Michael E. Fryzel'sterm on the board runs through 2013, his tenure as chairman couldend sooner.

Presidents have the power to designate the chairs of regulatoryagency boards and President-elect Barack Obama could choose toplace a Democrat as chair of NCUA instead of Fryzel, who wasappointed by President Bush and has been in the position sinceJuly.

Obama will have an opportunity to appoint a new board membersoon after taking office. Vice Chairman Rodney Hood's term expireson April 10. Obama could designate Hood's successor as chairman orname Board Member Gigi Hyland to the post.

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