Congressman Patrick McHenry (R - NC), the Ranking Member on the House Financial Services Committee, sent letters on January 7 to the eight Inspectors General (IG) of the agencies within the committee’s jurisdiction requesting an update on the agencies’ efforts to implement the IGs recommendations to reduce waste, fraud, and abuse.
The National Credit Union Administration is one of the eight agencies.
McHenry is seeking the following information:
1. Which three open or unimplemented recommendations does your office consider to be the most important or urgent? For each, identify:
a. The status of the recommendation, including whether agency management has agreed or disagreed with the recommendation and the expected date of implementation; and,
b. The cost savings associated with the recommendation (if applicable).
2. Describe your office’s audit and investigative priorities for fiscal year 2019, to include start and end dates.
The letter requested that the IGs respond no later than January 24, 2019.
Read the press release.
Read the letter to NCUA.
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