Original Source Material
The party-line vote puts permanent leaders atop the two financial regulatory agencies.
Senate confirms FDIC’s Hill, CFTC’s Selig
Summary
- Senate confirms FDIC's Hill and CFTC's Selig with party-line votes.
- Permanent leaders are now in place at the two financial regulatory agencies.
Why It Matters for Texas Credit Unions
While not directly related to cybersecurity, changes in leadership can impact regulatory focus and enforcement actions which could indirectly affect Texas credit unions' compliance efforts.