Matz Comment Creates Firestorm
During her testimony yesterday before the House Financial Services Committee, NCUA Chair Debbie Matz said that credit unions don’t represent their members. In fact, she said it twice; adding that she didn’t know who credit unions represent. Representative Mick Mulvaney (R-S.C.) was quoted as saying it was one of the most outrageous things he has heard since being elected to Congress nearly five years ago. [7/27/15]