Senate confirms Harper to full term on the NCUA Board
ALEXANDRIA, VA (June 9, 2022) — The U.S. Senate by a vote of 59 to 40 today confirmed Todd M. Harper to be a Member of the National Credit Union Administration Board for a term expiring on April 10, 2027.
“I am grateful to President Biden for nominating me to serve a full term on the NCUA’s Board and humbled by today’s bipartisan confirmation vote,” Chairman Harper said. “In the years ahead, my focus will remain on credit union members, the system’s resiliency and strength, and the NCUA’s readiness to respond to an evolving economic environment, credit union system, and financial services marketplace. Consistent with the law, I will also continue prioritizing capital and liquidity, cybersecurity, consumer financial protection, and diversity, equity, and inclusion.”
Chairman Harper’s confirmation is a reappointment to the NCUA Board, and he will continue to serve as Chairman. He was initially confirmed to fill out a partial term on the NCUA Board by the Senate on March 14, 2019, filling the vacancy created when former Chairman Debbie Matz retired in 2016. That term ended in April 2021.
“It is an honor to continue working with my fellow NCUA Board members — Kyle Hauptman and Rodney Hood — and the dedicated team of professionals at the NCUA,” added Chairman Harper. “I want to especially thank those who voted for me, Senate Banking Committee Chairman Sherrod Brown and Senate Majority Leader Chuck Schumer for moving my nomination, as well as my parents, Ronald and Christine Small, my long-time partner, Tom Beers, and my many mentors, including former Congressmen Paul Kanjorski and Ed Royce.”
Prior to joining the NCUA Board, Chairman Harper served as director of the agency’s Office of Public and Congressional Affairs and chief policy advisor to former Chairmen Debbie Matz and Rick Metsger. He is the first member of the NCUA’s staff to become an NCUA Board Member and Chairman. Chairman Harper is also the first member of the LGBTQ+ community to lead a financial services regulatory agency.
Harper previously worked for the U.S. House of Representatives as staff director for the Subcommittee on Capital Markets, Insurance, and Government-Sponsored Enterprises and as legislative director and senior legislative assistant to former Rep. Kanjorski (D-Pennsylvania). In these roles, he contributed to every major financial services law, from the enactment of the Gramm-Leach-Bliley Financial Services Modernization Act in 1999 through the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010.
Chairman Harper holds an undergraduate degree in business analysis from Indiana University’s Kelley School of Business and a graduate degree in public policy from Harvard University’s Kennedy School of Government.
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.