FOR IMMEDIATE RELEASE
Dec. 9, 2015
CONTACT: Patrick Keefe, NASCUS Communications, firstname.lastname@example.org/(703) 528-5974
NASCUS PRESIDENT AND CEO LUCY ITO
ON HOUSE FINANCIAL SERVICES COMMITTEE REPORTING OUT HR 2287
THE NCUA BUDGET TRANSPARENCY ACT
'Formal notice, comment, provides oversight, accountability, transparency'
A formal notice and comment requirement for NCUA’s budget, including the overhead transfer rate, provides oversight, accountability and transparency. NASCUS applauds Financial Services Committee Chairman Jeb Hensarling (R-Texas) for moving this important piece of legislation through the committee. We also thank Reps. Mick Mulvaney (R-S.C.) and Kristen Sinema (D-Ariz.) for introducing the measure, which represents not just sound public policy, but can help to ensure an equitable playing field for state and federally chartered credit unions.
Patrick Keefe, Vice President, Communications, email@example.com or (703) 528-5974