Matz Testifeis About NCUA-FSOC Relationship
NCUA Chair Debbie Matz told the members of the House Financial Services Committee that the relationship the NCUA has with the Financial Stability Oversight Council is "mutually-beneficial" and helps the NCUA better protect credit unions and their members. However, some members of the committee claimed that the FSOC is acting as a shadow regulatory agency and hammered Matz during her testimony. [12/9/15]