Obama to Nominate McWatters to Export-Import Bank Board, Leaving NCUA Vacancy if Confirmed

The White House announced the President’s decision Monday. The Export-Import Bank (EXIM) is an Executive Branch agency “with a mission of supporting American jobs by facilitating the export of U.S. goods and services,” according to its government website.

McWatters issued a statement saying he intends to remain fully engaged on matters coming before the NCUA Board during the confirmation process.

“It is an honor to be nominated by President Obama to serve on the Board of Directors of the Export–Import Bank,” said Board Member McWatters. “If confirmed by the U.S. Senate, I look forward to working with Chairman Hochberg and Vice Chair Felton. Until that time, I will continue to work on the critical regulatory issues and policies facing the credit union system as a member of the NCUA Board.”

Questions about this story? Contact Lynn Heider: 503.350.2225, lheider@nwcua.org.

Posted in NCUA.