WASHINGTON -- President Obama yesterday officialy nominated former NCUA Board member Deborah Matz to be chairman of the three-member panel, by sending her nominating papers over to the the Senate Banking Committee for its review.
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Matz, who served on the NCUA Board from 2001 to 2005 and was nominated by President Bush last time, is expected to be confirmed easily.
Her confirmation would push Michael Fryzel, a Republican, who has served only since last August, out of the chair and give Democrats a majority of the three members.
It is not clear when the Senate will schedule a hearing on the nomination.
