WASHINGTON, D.C. – The Senate yesterday approved the nomination of Todd Harper to serve a full term as chairman of the board of the National Credit Union Administration (NCUA).

Mike Calhoun, president of the Center for Responsible Lending (CRL), issued the following statement:

CRL congratulates Todd Harper on his Senate confirmation to a full term as chairman of the NCUA board.

Mr. Harper’s extensive experience with legislative oversight and strong relationships with other financial regulators will ensure that the nation’s credit unions continue to promote competition, financial fairness, and equitable access to credit for consumers and businesses.

His support of modernization of NCUA’s examination systems will ensure an effective regulatory environment that will promote sustainable growth and innovation throughout the credit union system, including a commitment to supporting underserved communities and minority- and women-owned businesses.

Mr. Harper has been serving as board chairman in a holdover capacity since his previous term expired in April 2021. A bipartisan vote from the Senate Banking Committee advanced his nomination in January. CRL is pleased that the full Senate has confirmed this highly qualified nominee.

 

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Press Contact: Alfred King alfred.king@responsiblelending.org