For the past two years - up until about 10 am yesterday! - if you had gone to the NCUA website to find out about the Ombudsman position here's what you would have seen:
Kinda hard to read the fine print, but it basically says "We don't know what you're talking about"!
|Rep. McHenry ain't |
|"We don't know what's wrong,|
if you don't tell us."
Well, decide for yourself. You might like to check out what NCUA's own Office of the Inspector General (OIG) said in August, 2012 about the Ombudsman position in this report (pages 25-30 are particularly enlightening!) The OIG report basically says that the "Ombudsman concept" was required by the 1994 Riegle Federal Act, but NCUA still hadn't gotten around to implementing the law correctly by 2012. As you can tell from the OIG report and the overly-obvious, website snafu; the Agency really takes this Ombudsman stuff seriously.
But what will really put your mind at ease, about the assured fairness, impartiality, and independence of "our protector from all harm," is simply to take a look at the incumbent Ombudsman....