NEW: Matz nomination ready for confirmation

WASHINGTON (7/31/09 UPDATED 9:10 a.m. ET)—Deborah Matz's nomination to the National Credit Union Administration (NCUA) board was approved by unanimous consent last night by the Senate Banking Committee.

The next step in the confirmation process requires the full Senate to vote its approval. Then the confirmed Matz is expected to be sworn in and designated by the Obama administration to fill the chairman's position.

The House adjourns for an August District Work Session this evening, but the Senate remains in session next week.



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