WASHINGTON, DC (October 8, 2013) -- National Association of Federal Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement today regarding Federal Reserve Vice Chair Janet Yellen’s anticipated nomination by President Obama to chair of the Federal Reserve Board.
“NAFCU congratulates Gov. Yellen on her nomination. We appreciate Gov. Yellen’s readiness to hear credit unions’ concerns affecting their members and communities,” said Berger. "Upon confirmation, we look forward to working with her and the Federal Reserve Board.”
Last December, Yellen met with NAFCU’s board at Federal Reserve headquarters to discuss the association’s 2012 Report on Credit Unions and issues of interest to both the Federal Reserve and credit unions. It was the 20th consecutive year the Federal Reserve hosted such a meeting with NAFCU.
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The National Association of Federal Credit Unions is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.