BRIEFLY: Welcome SingerLewak as latest associate member; Former Fed official to take Treasury office; NASCUS participates in FFIEC, SLC gatherings

(July 16, 2021) Welcome to accounting and consulting firm SingerLewak as the latest NASCUS associate member. Partner Sheila Balzer in the firm’s Denver operations is the leader for its expertise in state credit union operating and loan systems … Former Fed official Nellie Liang (and Fed Board nominee by former President Donald Trump (R)) was confirmed by the Senate Thursday as Treasury under secretary for domestic finance – responsible for policy on financial institutions, financial markets, and more – with nearly three-fourths of the Senate voting in favor. The under secretary’s office serves as a key contact for NCUA and other independent federal financial regulators … NASCUS was on the scene this week as the State Liaison Council (SLC) of the FFIEC was briefed, and as the FFIEC itself met, in Washington. NASCUS is a member of the SLC, which advises the FFIEC to “encourage the application of “uniform examination principles and standards by state and federal supervisory agencies.”