Senate Banking Committee to vote on McWatters nomination to NCUA board

resized_NCUA_SEALThe Senate Banking Committee will vote next week on the nomination of Mark McWatters to serve on the board of the National Credit Union Administration.

The committee will meet in executive session on April 29 and will consider other federal agency nominees for the Federal Reserve and Department of Housing and Urban Development.

McWatters was nominated by President Obama in January to succeed Republican board member Michael Fryzel, whose term at NCUA expired in August. If confirmed to the position, McWatters’ term would run through August 2, 2019.

A former member of the Troubled Asset Relief Program’s congressional oversight panel, McWatters served as counsel for Rep. Jeb Hensarling (R-Texas) in 2009. He is currently the assistant dean for graduate programs at Southern Methodist University’s School of Law in Dallas.

He received a bachelor’s degree in accounting from Texas Christian University, a master’s degree from Michigan State University and a juris doctorate from the University of Texas. He also received degrees from Columbia University and New York University.

Other NCUA board members include Chairman Debbie Matz and Richard Metsger, who was confirmed to sit on the panel last summer—both are Democratic appointees.

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