Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

wishstar

(5,804 posts)
5. Unfortunately, DOGE has invaded NCUA, the credit union federal agency too
Thu Apr 10, 2025, 06:57 PM
Apr 2025
https://www.cutoday.info/site/Fresh-Today/The-Department-Of-Government-Efficiency-Lands-At-NCUA

"ALEXANDRIA, Va.—The Department of Government Efficiency (DOGE) entered NCUA headquarters Thursday, CUToday.info has learned.

As CUToday.info has reported, the Trump Administration has charged every government agency with reducing expenses, and has been discussing combining federal regulators. Previously, CUToday.info reported that NCUA may be considering an early retirement program as a means to reduce staff. However, NCUA declined comment. "

NCUA that provides credit union deposit insurance is in same position as FDIC by being a federal insurance agency.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»WTF? How concerned sho...»Reply #5