Harper, Hood Nominations for NCUA Board Advance

Rodney Hood and Todd Harper were voted unanimously out of the Senate Banking Committee today.

Their nominations now move to the full Senate. Should both nominees be confirmed, the NCUA will operate with a full Board for the first time in nearly three years. The third seat is currently held by Board Chairman J. Mark McWatters (a Republican), whose term ends in August of this year. The Federal Credit Union Act requires that “no more than two Board members can be from the same political party.”