President Trump has selected Neomi Rao, a law professor who contends that the president may remove members of independent agency boards – presumably including the NCUA – as his regulatory chief.

Rao, a law professor at George Mason University, must be confirmed by the Senate before taking office as director of the Office of Management and Budget's Office of Information and Regulatory Affairs.

Rao has not specifically written about the NCUA board. However, in law review articles and congressional testimony, she has said that the president has power over independent agencies that has never been used or challenged.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.