WASHINGTON — Rep. Blaine Luetkemeyer (R-Mo.) said NCUA BoardChairman Debbie Matz was essentially asking Congress not to do itsjob when she asked the House Financial Services committee to rejectany amendment related to the risk-based capital proposal.
His comments were made during a speech on Wednesday at NAFCU'sCongressional Caucus.
“I also request that the House Financial Services Committeerefrain from considering amendments at tomorrow's markup related toNCUA's risk-based capital proposed rule, because this rulemaking isessential to protecting the safety and soundness of federallyinsured credit unions,” Matz wrote in a letter to House Financial Services Committee Chairman JebHensarling (R-Texas) and Ranking Member Maxine Waters (D-Calif.) inJuly.
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