Kyle Hauptman Named NCUA Board Chair

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Kyle Hauptman is now chair of the National Credit Union Administration Board, replacing Todd Harper, who stays as a board member.

Why it matters

• Hauptman, the 13th NCUA chair, is known for financial innovation and efficiency.
• His term ends in August, leaving a short window for major changes.

What’s at stake?

• Regulatory priorities: America’s Credit Unions sent a 20-page letter urging NCUA to reverse Call Report changes requiring large credit unions to disclose overdraft and NSF fees.
• Budget cuts: Credit unions are pushing back against NCUA’s rising operational costs.
• Climate risk: The group argues credit unions—not NCUA—should manage these risks.

Challenges ahead

• Any rollback of reporting rules requires a board vote, but Hauptman faces a Democratic majority that may resist.

What’s next?

Cornerstone League and America’s Credit Unions will continue working with Hauptman to shape NCUA’s direction.