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NCUA’s Matz to Appear Before House Subcommittee
Monday, July 20, 2015 6:40 AM

National Credit Union Administration Chair Debbie Matz will testify before the House Financial Services subcommittee on financial institutions and consumer credit Friday.

According to Credit Union National Association, Matz will discuss the NCUA’s budget and operations, as well as the performance of the credit union system at the hearing, which is scheduled to begin at 9:15 a.m. (ET) Friday and will be streamed live on the committee’s website.

The subcommittee is chaired by Rep. Randy Neugebauer (R-Texas), who, at an earlier hearing this year, questioned Larry Fazio, director of the NCUA’s Office of Examination and Insurance, about the agency's revised risk-based capital proposal.

In addition, a number of legislators have shown interest in the NCUA’s RBC proposal in recent months, asking the agency for specifics and information on how it would affect their constituents.