WASHINGTON (11/1/11)--The Senate Banking Committee has not announced a date for National Credit Union Administration (NCUA) board nominee Carla León-Decker's confirmation hearing, but that hearing could take place before Thanksgiving, Credit Union National Association (CUNA) Senior Vice President of Legislative Affairs Ryan Donovan said.
Forecasting what happens after a confirmation hearing is not easy; however, Donovan said it is possible that the nomination could clear the Senate by end of the year, if everything goes smoothly.
"The Senate is scheduled to be here well into December and assuming there are no hiccups, a Senate vote on the confirmation before the end of this year isn't out of the question. Having said that, there are a number of steps before the final vote, and small issues sometimes turn into long delays," he added.
Donovan said León-Decker's nomination is likely to be paired with other recent nominees, including Thomas Hoenig, who was picked to be vice chairman of the board of directors of the Federal Deposit Insurance Corporation last month. Hoenig and León-Decker were nominated by President Barack Obama in mid-October.
León-Decker is the current president/CEO of D.C. Government Employees FCU and has also served as operations manager and president/CEO of PAHO/WHO FCU and branch manager of Transportation FCU. She is also a credit union development educator and director of the Network of Latino Credit Unions & Professionals. León-Decker will take the NCUA board spot vacated by the pending departure of Gigi Hyland, whose six-year term on the NCUA board ended in August. Hyland is still serving as an NCUA board member.
CUNA President/CEO Bill Cheney said CUNA appreciates the White House nominating to the NCUA board an individual with credit union experience, and added that the nomination of León-Decker "is important when appropriate safety and soundness policy is under consideration."