NCUA Board Chairman Debbie Matz was among the officials on hand when President Barack Obama signed the financial regulatory overhaul legislation into law.
"President Obama and Chairmen Dodd and Frank all deserve particular credit for this achievement," stated Chairman Matz.
"Given the complexity and scope of the task and the volatile financial issues at stake, this new law is an accomplishment in which all Americans can take pride. For consumers and for the credit union industry, the reform affords important protections and enhancements that will lead to a stronger and safer financial landscape. I am grateful to the President for acknowledging the NCUA's role in this historic process, and for his vision and leadership in making real reform possible."
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