ALEXANDRIA, Va. (8/20/13)--Strengthening the financial system was the central topic of a Monday meeting between President Barack Obama, National Credit Union Administration Chairman Debbie Matz, and other federal regulators.
Matz following the meeting reiterated that "NCUA remains committed to working in coordination with other regulators to build a stronger financial services industry."
The meeting was called, in part, to discuss the implementation of the Dodd-Frank Wall Street Reform Act, according to a White House release. White House Deputy Press Secretary Josh Earnest told Bloomberg News that Obama called the meeting to encourage the regulators to act urgently in getting Dodd-Frank regulations in place.
Matz was joined at the meeting by leaders from the Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, Federal Housing Finance Agency, Federal Reserve, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation and Securities and Exchange Commission.