Saying that there are “are no essential board action items topublicly consider at this time,'' NCUA Chairman Debbie Matzannounced Thursday that the agency is cancelling the open boardmeeting scheduled for next Thursday.
|Matz added that the agency may cancel additional meetings thisyear as it seeks to “minimize the number of new regulations thatare necessary.'' She added that the agency is “carefullyevaluating,'' which rules need to be streamlined, eliminated orclarified in 2012.
|Matz noted that the NCUA's Regulatory Modernization Initiative has made progress alongthese lines and the agency plans to do more.
|In addition, the agency is already scheduled to review one third of its regulations this year.
|She said the NCUA Board's closed meeting scheduled for nextThursday will be held. It has five supervisory items on itsagenda.
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