WASHINGTON - The Senate Banking Committee has scheduled a May 9 hearing on Richard C. Houseworth's nomination to the Federal Deposit Insurance Corp. board.A Republican, Mr. Houseworth was nominated Jan. 31 to a seat on the FDIC's five-member board that has been vacant since Oct. 1, 1998. If confirmed, he would fill an unexpired term that ends Dec. 25, 2001.
Mr. Houseworth is currently serving his second four-year term as Arizona's top banking regulator, a post he first took in January 1993. The state Banking Department employs 47 people who oversee some 2,600 companies, including state -chartered banks, thrifts, and credit unions as well as escrow agents and collection agencies. He is also the 1999-2000 chairman of the Conference of State Bank Supervisors, a professional organization for state regulators.