The appointment of J. Mark McWatters as acting chairman of the NCUA board will have little immediate impact on agency policymaking, advocates predicted Thursday.

"It's going to business as usual, if you will," said Andy Price, CUNA's senior director of advocacy and counsel.

President Trump on Thursday appointed McWatters, a Republican, to replace Rick Metsger, a Democrat, as chairman. Metsger remains on the board. There is one vacancy on the board and presumably, Trump would select another Republican to serve.

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