NCUA Board to Consider Strategic Plan

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Read more at the Washington CU Daily

The National Credit Union Administration board will consider the agency’s 2022-2026 Strategic Plan at its July 22 meeting, but once again is steering clear of contentious issues that badly divided the board earlier this year.

Since the board normally does not hold an August meeting, that means such issues will be delayed until at least September.

At the July meeting, the board also will consider issuing a notice for comment on digital assets and related technologies, as well as a notice of proposed rulemaking on the complex credit union leverage ratio. The board does not make public the details of such proposals before the meeting.

At June’s board meeting, board member Rodney Hood expressed optimism that the board might be able to work on differences between members on a final rule that would expand the permissible activities for Credit Union Services Organizations. However, that issue and others that board Chairman Todd Harper has opposed are not on the July meeting agenda.

Hood and fellow Republican Kyle Hauptman could force contentious issues onto the board’s meeting agenda but have not yet done so.

Author


  • A veteran Washington reporter, David spent four years as Washington correspondent for the Credit Union Times before starting Washington Credit Union Daily. He has spent his career writing and editing for many of the capital’s leading publications, including CongressDaily, National Journal magazine and Congressional Quarterly Weekly. He was part of a team that won a 2005 National Headliner Award for a special issue of National Journal on “The State of Congress.” He holds a B.A. in political science from The George Washington University and an M.A. in journalism from Indiana University.

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