WASHINGTON - The White House will soon nominate a replacement for controversial National Credit Union Administration director Robert Swan, whose six-year appointment ended last week, industry and agency sources said.

President Clinton is expected to choose a candidate this month, and a confirmation hearing for the Democratic seat could be held by the Senate Banking Committee in September, an agency source said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.