Senate Panel Backs NCUA Nominee

WASHINGTON – The Senate Banking Committee voted today to endorse Deborah Matz as chairman of the NCUA Board, sending her nomination on to a vote by the full Senate.

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The Senate is expected to easily approve the nomination, as soon as the end of the week.

Matz, who served on the three-member NCUA Board from 2002 through 2005, would succeed Republican Rodney Hood, whose six-year term expired in April, giving Democrats two seats on the panel and moving current Chairman Republican Michael Fryzel, into the minority.


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