In a letter to President Obama and White House Senior Adviser Valerie Jarrett, NAFCU President/CEO Dan Berger said the Federal Reserve Board should have a credit union representative.

"A well-educated, experienced credit union CEO would add value to the Federal Reserve Board of Governors by offering both the credit union perspective and, more generally, the perspective of smaller community lenders," Berger wrote Monday.

Berger said having a credit union member of the Federal Reserve Board would strengthen the dialogue between the board and the industry.

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