President Donald Trump has officially nominated John Crews to serve on the NCUA Board, positioning the Treasury Department official to succeed Chairman Kyle Hauptman.
If confirmed by the Senate, Crews would serve a term expiring Aug. 2, 2031.
Crews currently serves as deputy assistant secretary for financial institutions policy at the Treasury Department, advising Treasury Secretary Scott Bessent on issues involving financial institutions, regulation, and legislation. Prior to joining Treasury, Crews served as policy advisor to House Majority Leader Steve Scalise and previously worked as policy director for the Senate Banking Committee.
During the first Trump administration, Crews also served on the National Economic Council as special assistant to the president for economic policy.
Hauptman publicly endorsed the nomination following the White House announcement.
"Congratulations to my friend John Crews on his nomination to succeed me on the National Credit Union Administration board," Hauptman said. "The agency will be in good hands."
America's Credit Unions President/CEO Scott Simpson also praised the selection, saying Crews understands "the important role mission-driven lenders like credit unions play in helping families and small businesses get ahead."
In April, Simpson and Senior VP of Advocacy Greg Mesack met with Crews to discuss regulatory modernization and the industry's opposition to the Illinois Interchange Fee Prohibition Act.
The nomination comes as Hauptman prepares to depart the NCUA following his appointment to the Public Company Accounting Oversight Board. Industry observers expect Crews would continue the agency's recent focus on deregulation and modernization efforts.
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