John Crews has officially been sworn in as the fourteenth Chairman of the National Credit Union Administration. On Monday, President Trump designated Crews as Chairman following his August 7th confirmation to the board by the Senate.

“I appreciate the trust and support that the President has placed in me, and the U.S. Senate for confirming me,” said Crews. ”I would also like to thank outgoing Chairman Kyle Hauptman for his nearly six years of service at NCUA and for the thoughtful regulatory reform effort he led as Chairman. I intend to capitalize on the agency’s progress on two of the Administration’s most ambitious goals: enabling innovation and right sizing the regulatory framework that governs the financial services industry.”

Crews replaces Hauptman as the sole member of the Board, as dismissed board members Tanya Otsuka and Todd Harper continue to await court proceedings revolving around their removal by President Trump in April 2025. Crews’ term is set to expire in 2031.

Crews shared his priorities as Board Chair as “safeguarding the interests of credit union member-owners, promoting regulatory efficiency, maintaining a strong and healthy National Credit Union Share Insurance Fund, and supporting initiatives that promote access to affordable financial services nationwide.”

America’s Credit Unions chimed in on the confirmation and swearing in of Crews, with President Scott Simpson saying his “leadership will be a benefit to the future of the credit union industry, and we look forward to working closely with him to achieve a regulatory environment that allows credit unions to thrive. The safety and soundness of the industry is paramount, and this can be achieved alongside meaningful regulatory modernization, enhanced access, and innovation.”

Outgoing Chairman Kyle Hauptman continues his career as a board member for the Public Company Accounting Oversight Board (PCAOB). He was sworn in earlier this month following his appointment to the board by the SEC in January.