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On August 7, the U.S. Senate confirmed John Crews to serve on the National Credit Union Administration (NCUA) Board, filling the seat held by Kyle Hauptman. The Senate voted 51-47 in favor of Crews. After he is sworn in, President Trump is expected to name him the agency’s chairman. His confirmation comes at an important time for the credit union industry as the agency continues overseeing the safety and soundness of federally insured credit unions.
According to CU Today, Crews told lawmakers during his confirmation hearing that he would “focus on reducing regulatory burden for smaller credit unions, encouraging innovation and supporting the chartering of new credit unions, while emphasizing the importance of protecting the National Credit Union Share Insurance Fund and maintaining the safety and soundness of the credit union system.”
Crews most recently served as Deputy Assistant Secretary for Financial Institutions Policy at the U.S. Treasury Department and brings extensive experience in financial services policy and regulation through previous roles in the Treasury Department, Congress, and the White House.
The NCUA continues to operate with only a single board member. Former board members Todd Harper and Tanya Otsuka were removed from the agency in April 2025, leaving the board without its usual three-member composition. At this time, there is no indication of when those vacancies will be filled.