Mmastodon BusinessBanking first seen 1 d ago, last 42 min ago, peak #2

Warren demands answers after NCUA sat without board members

Original: Warren presses NCUA OIG over empty board The National Credit Union Administration didn’t have a single board member betw

Senator Elizabeth Warren is pressing the National Credit Union Administration's inspector general to explain who was in charge after the agency operated with no board members at all between August 10 and 24. She wants to know how the credit union regulator functioned during the two-week gap and who bore responsibility for the vacancy. The episode raises oversight concerns about governance at a key US financial regulator.

Why now: A US Senate watchdog figure is questioning an unusual leadership vacuum at a federal financial regulator.

Elizabeth WarrenNational Credit Union AdministrationNCUA Office of Inspector General

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• Warren presses NCUA OIG over empty board The National Credit Union Administration didn’t have a single board member between August 10 and 24. Sen. Elizabeth Warren wants to know who was in charge. https://www. bankingdive.com/news/warren-pr… · AlexJimenez@mas.to · 2

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