NCUA Chairman Todd M. Harper testifies today before the Committee on Financial Services
ALEXANDRIA, VA (May 19, 2021) — National Credit Union Administration Chairman Todd M. Harper testified today before the before the U.S. House of Representatives’ Committee on Financial Services during its “Oversight of Prudential Regulators: Ensuring the Safety, Soundness, Diversity, and Accountability of Depository Institutions” hearing. In his remarks, Chairman Harper discussed his regulatory philosophy, the state of the credit union system, recent NCUA rulemakings, and the agency’s response to COVID-19, among other topics. His full written statement is now available on the NCUA’s public website.
Read Chairman Harper’s Written Statement Before the Committee on Financial Services, U.S. House of Representatives
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.
