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 SVP of Advocacy Greg Mesack met with Crews to discuss regulatory modernization and the industry's opposition to the Illinois Interchange Fee Prohibition Act.
Defense Credit Union Council (DCUC) officials stated they look forward to working with Crews. "On behalf of the defense credit union community, we congratulate John Crews on his nomination to lead the NCUA," said Jason Stverak, DCUC chief advocacy officer. "The NCUA plays a critical role in preserving the safety and soundness of the credit union system while ensuring access to affordable financial services for millions of Americans, including servicemembers, veterans, and their families. We are eager to sit down with Mr. Crews to learn more about his views and his vision for the future of the credit union industry."
Anthony Hernandez, DCUC president/CEO, added, "Credit unions operate in unique environments when serving all communities across the Nation and overseas. These institutions require a regulatory framework that recognizes both operational complexity and the cooperative, member-owned mission that defines our industry. We look forward to engaging with Chairman-designate Crews to ensure the agency continues to promote innovation, strengthen mission readiness, and uphold the credit union model."
The nomination came as Hauptman prepares to depart the NCUA following his appointment to the Public Company Accounting Oversight Board. Industry observers said they expect Crews would continue the agency's recent focus on deregulation and modernization efforts.
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