Mmastodon BusinessBanking first seen 1 d ago, last 11 min ago, peak #2
Warren presses NCUA watchdog over period with empty board
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 asking the National Credit Union Administration's inspector general to explain who was in charge at the agency after it operated with no board members at all between August 10 and 24. She wants answers about leadership and oversight during the gap, and the episode is drawing attention to governance lapses at the regulator overseeing US credit unions.
Why now: A federal credit union regulator operating for two weeks without any board members raises serious accountability concerns that Warren is now pressing to have investigated.
Elizabeth WarrenNational Credit Union AdministrationNCUA Office of Inspector General
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