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News Now

Washington
NCUA chair to testify on state of the industry
WASHINGTON (10/9/09)--Deborah Matz will make her first appearance before Congress as National Credit Union Administration Chairman during an October 14 Senate financial institutions subcommittee hearing on the state of the banking industry. The hearing, which will take place at 2:30 p.m. ET in room 538 of the Dirksen Senate Office Building, will also feature testimony from Federal Deposit Insurance Corporation Chairman Sheila Bair, Comptroller of the Currency John Dugan, Federal Reserve Governor Daniel Tarullo, Office of Thrift Supervision Deputy Director, Examinations, Supervision, and Consumer Protection Timothy Ward, and North Carolina Commissioner of Banks and Conference of State Bank Supervisors Chairman Joseph Smith. While the financial regulatory reform debate continues in Washington. Senate Banking Committee Chairman Christopher Dodd (D-Conn.) said recently that any plan to combine financial institution regulation under a single regulator would not apply to credit unions.


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