CUNA Senior Vice President Mary Dunn said Monday the White Houseis unlikely to appoint a replacement for NCUA Board Member GigiHyland this year.
|President Obama's first choice to replace Hyland failed in Marchwhen District Government Employees Federal Credit Union CEO CarlaDecker withdrew her nomination after the publication of her $46million credit union's exam records.
|A board member was banned by the NCUA for leaking the records.
|Hyland's term expired in August 2011.
|“Conventional wisdom” says Obama won't appoint anyone untilafter the election, Dunn said.
|A congressional recess appointment like the one that placed Consumer Financial Protection Bureau Director RichardCordray in his position “could be a possibility,” Dunn said.
|The CUNA deputy counsel acknowledged that Senate Republicanswould be unlikely to support a two-person Democratic majority onthe NCUA board.
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