Mark McWatters will be sworn-in as a member of the NCUA Board on Tuesday in Dallas at House Financial Services Chairman Jeb Hensarling's (R-Texas) office.
Outgoing NCUA Board Member Michael Fryzel, a Republican, will swear-in fellow Republican McWatters at the event, according to a source that asked not to be named. Chairman Hensarling is also expected to deliver a ceremonial swearing-in at the event.
NCUA board members are among those authorized to swear in a new board member. NCUA General Counsel Mike McKenna performed the swearing in duties for Vice Chairman Rick Metsger in August 2013.
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