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November 08, 2023

Otsuka’s NCUA appointment advances from committee

Capitol building

The Senate Banking Committee voted Tuesday to advance Tanya Otsuka’s nomination to the NCUA Board. If confirmed by the full Senate, Otsuka would replace NCUA Board Member Rodney Hood as his term expired in August.

Otsuka is currently the senior counsel for staff of the Senate Banking Committee, led by Chairman Sherrod Brown, D-Ohio. Otsuka previously worked with the FDIC as a staff attorney and counsel.

The NCUA Board is comprised of three, Senate-confirmed members. If confirmed, Otsuka would be the first Asian American to serve on the board in its 53-year history.

Stay tuned to NAFCU Today for updates on Otsuka’s nomination and the latest out of Washington.