NCUA Board members, and especially Chairman Todd Harper, have a busy week ahead of them. Harper is expected to testify in front of Senate and House Committees Tuesday and Wednesday to give an update on the agency's work. And Thursday, after the NCUA Board meeting, officials from CUNA, NAFCU and other organizations plan on grilling agency leaders about its proposed 2024-2025 budget.
On Tuesday, the Senate Banking, Housing Urban Affairs Committee will hold a hearing called "Oversight of Financial Regulators: Protecting Main Street Not Wall Street." Harper will be testifying along with leaders of the Federal Reserve, FDIC and the Office of the Comptroller of the Currency to face questions from lawmakers who are focused on more consumer protection efforts from the organizations.
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