03/05/2025 12:32 pm
In the ongoing discussions about financial regulatory consolidation, one dangerous idea continues to surface: merging the National Credit Union Administration with other federal financial regulators, such as the Federal Deposit Insurance Corporation or the Office of the Comptroller of the Currency. While this may seem like an efficiency measure to some, eliminating an independent NCUA poses a grave threat to credit unions, their members, and the broader financial system.
