
Trump Administration considers current chairman of the National Credit Union Administration to lead
During everyone’s favorite week of the year (when Christmas ends and we’re waiting on the New Year) a report came out stating that the Trump Adminstration is considering, J. Mark McWatters to take over as the head of the CFPB. As I’m sure you can imagine, some banking institutions are a bit skittish about hearing McWatters name thrown around at the CFPB. As the chair of the NCUA, McWatters has been vocal about cutting back the amount of oversight the CFPB has on credit unions