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Committee to vote on Fryzel Wednesday
WASHINGTON (6/23/08, UPDATED 10:30 a.m. ET)—The Senate Banking Committee is scheduled to vote Wednesday on the nomination of Michael Fryzel for a position on the National Credit Union Administration (NCUA) board. If approved by the committee—and approval is expected—Fryzel would then have to be confirmed by the full Senate. That action is less sure because of an apparent standoff between the Senate and the White House on the confirmation process as a whole. With time running out for his administration, President George W. Bush has been pushing the Senate since the beginning of the year to confirm close to 200 judicial and agency nominees, action that has in some cases been pending for many months. Withholding votes this year would allow the winner of the 2008 presidential election in November to choose new candidates. However, Senate Democrats have blamed Bush for the confirmation delay, charging that the President has refused to compromise on choices they consider extreme. However, the committee vote puts Fryzel one step closer to the NCUA board. And since his nomination is not considered controversial, it could push through the logjam of disputed names and be approved soon. If approved by the Senate, the President would then appoint Fryzel as chairman of the NCUA to replace JoAnn Johnson, whose term ended last August.


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