WASHINGTON, DC (October 2, 2025) |
The Defense Credit Union Council, DCUC, commends the National Credit Union Administration, NCUA, Chairman Kyle Hauptman, for his recent statement that regulation-by-enforcement is unethical and not permitted at the NCUA.
“We at DCUC commend Chairman Hauptman for reinforcing the principle that credit unions should be regulated based on clear rules and consistent standards,” says Anthony Hernandez, DCUC President/CEO. “This approach ensures that credit unions can operate safely and soundly, while protecting the rights of their members and maintaining trust in the system.”
Jason Stverak, DCUC Chief Advocacy Officer, echoed these remarks, adding, “We applaud both Chairman Hauptman and the NCUA for its continued focus on clarity, due process, and responsible oversight. These values are integral to the health and stability of the credit union system.”