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Matz Attends First Meeting of Consumer Agency Planning Group

NCUA Chairman Debbie Matz attended the first meeting of a committee that will probably cause her agency to lose personnel.

By Claude R. Marx | Updated on July 29, 2010

NCUA Chairman Debbie Matz attended the first meeting of a committee that will probably cause her agency to lose personnel.

Treasury Secretary Timothy Geithner convened a meeting of seven agency heads aimed at planning for the creation of the new Consumer Financial Protection Bureau. The personnel for this new agency, which was created by the financial overhaul bill signed by President Obama last week, are expected to come mostly from the NCUA, the Treasury Department, the Department of Housing and Urban Affairs, the Federal Reserve, the Office of the Comptroller of the Currency, the Federal Trade Commission, and the Federal Deposit Insurance Corporation.

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