Leon-Decker Withdraws Nomination for NCUA board (Misc News: March 13, 2012)
President Obama’s choice to fill a seat on the NCUA Board has requested that her nomination be withdrawn, according to the White House.
Carla Leon-Decker was nominated last October to fill the seat set to be vacated by Gigi Hyland, whose six-year term on the NCUA board officially expired in August. Hyland has continued to serve on the board in the interim.
Leon-Decker’s nomination became somewhat controversial when confidential exam results from D.C. Government Employees FCU, where she is the current CEO, were leaked to the press. CU Times reported that a December 2010 exam rated the CU as “strategic high risk” with an overall CAMEL rating of 3. The NCUA continues to investigate the source of the leaked exam report.
Shortly after, Leon-Decker’s scheduled nomination hearing was postponed, causing many Washington insiders to speculate her bid for the board seat was in jeopardy.
The White House has accepted Leon-Decker’s request to have her nomination withdrawn.