WASHINGTON — Rep. Blaine Luetkemeyer (R-Mo.) said NCUA Board Chairman Debbie Matz was essentially asking Congress not to do its job when she asked the House Financial Services committee to reject any amendment related to the risk-based capital proposal.
His comments were made during a speech on Wednesday at NAFCU's Congressional Caucus.
"I also request that the House Financial Services Committee refrain from considering amendments at tomorrow's markup related to NCUA's risk-based capital proposed rule, because this rulemaking is essential to protecting the safety and soundness of federally insured credit unions," Matz wrote in a letter to House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and Ranking Member Maxine Waters (D-Calif.) in July.
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