The NCUA board began the New Year with a moment of solidarity, as it unanimously voted on several measures at its Jan. 21 meeting that will allow time for comments on a host of issues, including the Overhead Transfer Rate methodology.
The board voted on the final rule to change the reporting structure for the Office of Minority and Women Inclusion, which requires the office to report directly to the NCUA chairman.
In her opening statement, Chairman Debbie Matz said the OMWI "deserves the direct attention and support of the agency chairman." She added the reason for changing the reporting structure at this particular time is the agency was not in a position to update the reporting structure until after the Equal Employment Opportunity Office merged into OMWI and had a permanent director.
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