Markets Wired

ALEXANDRIA, Va. (Sept. 11, 2019) – National Credit Union Administration Chairman Rodney E. Hood today announced he has appointed Michael J. Sinacore to serve as Deputy Director for External Affairs and Communications.

Sinacore joins the NCUA from the Office of Sen. Deb Fischer (R-Neb.), where he served as a legislative assistant, focusing on economic policy. He will report to Lenwood Brooks, Chairman Hood’s Acting Chief of Staff.

“Michael has a well-earned reputation for his fine work in the public and private sectors,” Chairman Hood said. “His deep knowledge of public policy, the legislative process, and the inner workings of government will be invaluable assets to the NCUA.”

Sinacore previously worked in the House of Representatives for members of the Financial Services Committee, including Representatives Dave Trott (R-Mich.) and Bruce Poliquin (R-Maine). In these roles, he advised members on various economic issues, including financial services and taxation.

Prior to his service on Capitol Hill, Sinacore worked as a credit analyst in JPMorgan’s London office. While there, he helped implement portions of the Dodd-Frank Act and analyzed underperforming real estate assets acquired as part of the bank’s purchase of Bear Stearns.

“I look forward to serving the NCUA as we seek to ensure the NCUA remains accountable to all stakeholders,” Sinacore said. “I am honored that the Chairman has selected me to support his agenda.”

Sinacore holds a bachelor’s degree in political science and Middle Eastern studies from Boston College and an M.B.A. from the Wharton School at the University of Pennsylvania, where he was his class’s graduation speaker.

Sinacore will assume his duties September 16.