US EditionTrump administration removes Democratic members of credit union watchdog
- The White House fired two Democratic board members of the National Credit Union Administration, Todd Harper and Tanya Otsuka, as part of efforts to influence regulatory agencies.
- Harper criticized the firings as politically motivated, stating, 'This ill-conceived and politically motivated decision to fire me will harm consumers.'
- Otsuka claimed the termination was an attempt to undermine the rule of law, saying it blatantly ignores Congress and democratic values.
- The National Credit Union Administration now has only one board member, Republican Chairman Kyle Hauptman, after the removals.
17 Articles
17 Articles
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Schumer fumes when Trump admin boots Dems off credit union watchdog · American Wire News
Democrat board members are piping mad after they were booted off the board for the National Credit Union Administration. “The decision of the White House to fire me before the completion of my term is wrong. It violates the bipartisan statutory framework adopted by Congress to protect credit union members and their deposits,” Todd Harper, who was nominated by President Trump in 2019, said in a statement. The NCUA works as a watchdog group, which…
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Trump fires Democratic board members of the credit union watchdog
The White House has fired two Democratic board members of the National Credit Union Administration, the officials said on Wednesday, as President Donald Trump expanded efforts to influence independent regulatory agencies.
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