Thursday, September 29, 2016

NCUA Should Publish Board Members Scheduled Speeches to CU Groups

On September 20, National Credit Union Administration (NCUA) Richard Metsger addressed attendees at the National Association of Federal Credit Unions (NAFCU) Congressional Caucus.

However, his remarks are not available on the NCUA website. This is a glaring lack of transparency on the part of this agency.

Individuals should not have to file a Freedom of Information Act to get access to his speech or speech notes.

Can you imagine the Chairman of the Federal Deposit Insurance Corporation giving a scheduled talk to a group the agency regulates and not releasing his/hers comments at the time the speech is giving?

It is inappropriate for the Chairman of the NCUA to give a speech to credit union groups and not make his/hers comments public.

As a society, we need more transparency from our public officials. It is how we hold our public officials accountable.

1 comment:

  1. GAO, has said a few times that the consolidation of NCUA is needed to improve accountability, among other reasons.
    It seems you agree.

    ReplyDelete