Senate Banking sets Feb. 14 hearing for credit union regulator nominees Hood, Harper

The Senate Banking Committee is tentatively scheduled to hold a hearing on the nominations of both Rodney Hood and Todd M. Harper for seats on the National Credit Union Administration (NCUA) Board Feb. 14, according to a schedule posted on the Senate website.

The hearing will also include consideration for a number of other nominees, including Mark Calabria, nominee to serve as director of the Federal Housing Finance Agency (FHFA).

Hood, a Republican, was nominated Jan. 17 by President Donald Trump for a six-year term ending in August 2023. Harper, a Democrat, was tapped by Trump Feb. 1 for a six-year term ending in April 2021. If confirmed, Hood would take the seat now held by Rick Metsger (whose term expired in 2017; he has been serving as a holdover); Harper would take the seat vacant since 2016 with the retirement of former NCUA Board Chairman Debbie Matz.

The final seat on the NCUA Board is held by now-Chairman J. Mark McWatters, a Republican; his term ends this August.

If Hood and Harper are ultimately confirmed (and McWatters is still on the board, as expected), the agency’s governing panel would have a full complement of members for the first time in three years.

Be the first to comment

Leave a Reply

Your email address will not be published.