WASHINGTON — The Senate Banking Committee is scheduled to vote Wednesday on the nomination of Michael E. Fryzel for the chairmanship of the National Credit Union Administration board.
No lawmaker has expressed opposition to his nomination and congressional sources said they expect the vote to go on without a hitch.
Fryzel, a former director of the Illinois Department of Financial Institutions, would serve on the board through 2013 though each president gets to choose his or her own chairman. He would succeed Chairman JoAnn Johnson, whose term expired last year but stayed on at the request of President Bush, pending the confirmation of a new chairman. Fryzel's chairmanship could be short lived as each president has the right to designate their own chairman, though he would remain on the board.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
