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News Now

Washington
Senate committee to take up Matz nomination Tues.
WASHINGTON (7/27/09)--The Senate banking committee during a Tuesday executive session will discuss the nomination of Deborah Matz to the board of the National Credit Union Administration. The discussion of Matz’s nomination, which will coincide with debate on portions of the Obama administration’s financial system reform plan that address insurance, follows a Senate committee nomination hearing that took place last Wednesday. Matz, who, if confirmed, is expected to be named to the role of NCUA chair, on Wednesday told the assembled legislators that she would work to "make certain" that the NCUA would "thoroughly" apply relevant consumer protections, promote "improved financial education," and encourage member credit unions to "reach out to serve all eligible consumers."


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