NCUA’s Hood to testify before Senate Banking Cmte May 12

May 6, 2020

NCUA Chairman Rodney Hood will testify before the Senate Banking Committee next week in a remote hearing titled “Oversight of Financial Regulators.” The hearing is scheduled to take place Tuesday, May 12, starting at 10 a.m. (ET).

Hood recently wrote to Senate Banking Committee Chairman Sen. Mike Crapo (R-Idaho), outlining numerous Congressional actions Congress could take to help credit unions better serve members. Many of his suggestions aligned with points CUNA has raised in its engagement with NCUA, Congress and the administration.

Leaders from the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation are also scheduled to testify.