Treasury’s deputy assistant secretary for financial institutions policy is President Trump’s pick to succeed Kyle Hauptman at the National Credit Union Administration (NCUA) Board.
The White House included John Crews, who has had the Treasury post since June 2025, among the list of nominees for administration posts released Monday. Crews is nominated to a term on the board that would continue through Aug. 2, 2031. His nomination awaits action of the Senate Banking Committee.
Crews was previously a policy advisor to House Majority Leader Steve Scalise (R-La.), covering economic and financial services policy, according to information released by Treasury last June. Before that, he was policy director for the Senate Banking Committee, it said, and served in the first Trump administration at the National Economic Council as a special assistant to the president for economic policy. Crews graduated from Princeton University, it said.
Hauptman, a Republican, is currently the only sitting NCUA Board member since the April 2025 firing by the president of Democratic agency board members Todd Harper (also a former chairman) and Tanya Otsuka. The two have sued to regain their seats. Meanwhile, Hauptman, whose board term expired Aug. 2, 2025, is serving on the board in a holdover capacity.
Hauptman has also been named to the board of the Public Company Accounting Oversight Board (PCOAB). The Securities and Exchange Commission (SEC) announced the appointment in January, noting that Hauptman will serve a term ending Oct. 24, 2029.
Hauptman was first confirmed to the NCUA Board in December 2020 and was named chairman in January 2025. He previously served on the Senate Banking Committee staff as a staff director and as economic policy advisor to Sen. Tom Cotton (R-Ark.). His bio on the NCUA website states he also previously served as a senior vice president at Jefferies & Co. and at Lehman Brothers as a bond trader in New York City and in offices in Tokyo and Sydney. That bio also says he served as a voting member on the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies.
His bio shows he holds an M.B.A. degree from Columbia Business School and a B.A. from University of California, Los Angeles.
Leave a Reply