John Crews Nominated for NCUA Board Chair

On Monday, President Donald Trump formally nominated John Crews to serve as Chairman of the National Credit Union Administration (NCUA) Board, transmitting the nomination to the U.S. Senate. Crews has been nominated to replace current Chairman Kyle Hauptman and, if confirmed, would serve a term extending through August 2031.

This nomination marks an important moment for the future direction of the NCUA and signals potential continuity in the agency’s approach to credit union supervision and regulation over the coming years.

Crews brings a strong understanding of credit unions and their role in local communities. During his time at the U.S. Department of the Treasury, he consistently recognized credit unions as vital financial partners and supported efforts to make financial regulation more efficient and effective.

GoWest President & CEO, Troy Stang and SVP of Regulatory Affairs, John Trull have established working relationships with Crews from his Treasury tenure—connections that are expected to benefit GoWest credit unions should Crews assume leadership of the NCUA Board.

What Happens Next in the Confirmation Process

The confirmation process will unfold over the coming months. Crews is expected to meet with U.S. Senators—particularly members of the Senate Banking Committee—in a series of interview-style meetings. During these discussions, Senators are likely to focus on credit union policy, the broader direction of financial services regulation, affordability concerns, and state- or constituent-specific issues.

Following these meetings, the Senate Banking Committee is expected to hold an official confirmation hearing, likely later this summer. The committee will then vote on whether to advance the nomination to the full Senate for consideration.

GoWest will support Crews’ nomination by engaging with and educating members of the GoWest delegation on the Senate Banking Committee throughout this process.

Looking Ahead

If confirmed, Crews is expected to build on the regulatory relief initiatives launched under Chairman Hauptman. His prior experience suggests an appreciation for right-sized regulation that enables credit unions to continue serving their members and communities effectively.

John Crews: Background at a Glance

  • Current Role: Deputy Assistant Secretary for Financial Institutions Policy, U.S. Department of the Treasury
  • Previous Experience:
    • Policy Advisor, Economic and Financial Services, Office of Majority Leader Rep. Steve Scalise (R-LA)
    • Policy Director, Senate Banking Committee
    • Special Assistant to the President for Economic Policy, National Economic Council
  • Education: B.A. in Politics, Princeton University

 

Posted in Advocacy on the Move, Regulatory Advocacy.