College professor Mark McWatters will succeed Republican Michael Fryzel.
Credit unions that took TARP funds aren't performing as well as those that didn't.
Senate leaders agreed to schedule a vote on the NCUA board nominee as early as next week.
The credit unions didn't file required reports with the U.S. Treasury.
One young CEO says he first heard about the problem from CU Times.
The SIGTARP quarterly report names six credit unions that never reported how the taxpayer funds were used.
If confirmed, McWatters will replace Board Member Michael Fryzel, whose term expired last summer.
Confirmation hearing for NCUA board hopeful was postponed due to weather. New date with Senate Banking Committee is March 13.
Inspector General says community banks did not sufficiently use bailout money to increase lending to small businesses.
Bureau says law firm, legal help center took in more than $10 million by charging for services falsely promising foreclosure, other help.