NCUA Executive Director David Marquis and officials of other financial regulators are set to testify at next Wednesday's House hearing on a bill that would give financial institutions the chance to appeal the results of their examinations to an independent ombudsman.

Marquis will be testifying on a panel with officials of the Federal Reserve, the FDIC, and the Comptroller of the Currency.

The NCUA has so far declined to state its position on the measure.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.