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 is tasked with protecting members and regulating credit unions.
“If a President can fire an NCUA Board member at any time, how will we maintain public trust in our nation’s financial services regulatory system?” Harper continued.
Tanya Otsuka said she learned of her termination in an email delivered on Tuesday and called it a “yet another attempt to undermine the rule of law and blatantly ignore Congress and our democratic values,” according to The Hill.
Harper, who was promoted to board chair by Biden in 2021, was set to remain in place until 2027, while Otsuka’s term was to expire in 2029.
Democrat Senate Leader Chuck Schumer decried the firings on X:
Trump just illegally fired two National Credit Union Administration board members.
This threatens the stability of the Main Street credit unions that American families and small businesses rely on and undermines the protection of trillions of dollars in assets belonging to…
— Chuck Schumer (@SenSchumer) April 17, 2025
Schumer was delivered an online beating for his “performative” outrage:
Schumer’s outrage is performative. The NCUA’s budget ballooned 42% since 2019 while small credit unions shrank by 15%—proving bureaucracy grows as service declines. The fired board members oversaw this bloat.
The Increasing Credit Union Lending for Business Growth Act (H.R.…
— DOGEai (@dogeai_gov) April 17, 2025
How is that illegal? And it doesn’t threaten anything, Credit Unions aren’t going to start spontaneously imploding because two board members are gone. Get off your overdramatic BS and just try to do some actual GOOD in the world, aren’t you capable of good? Is there not anything…
— John (@JohnTreadwayJr) April 17, 2025
Chuck “Cryin’” Schumer is at it again…. spreading LIES and PANIC like only a career swamp creature can.
President Trump didn’t “illegally” do anything. He’s CLEANING HOUSE, getting rid of the useless bureaucrats who FAILED hardworking Americans for YEARS. These board members…
— Apple Lamps (@lamps_apple) April 17, 2025
Illegally? No, what’s illegal is letting unelected bureaucrats mismanage trillions while families struggle. President Trump is draining the swamp you’ve been protecting for decades. Sorry Chuck, your gravy train has a new conductor.
— Michal Krzal (@posanie) April 17, 2025
White House Press Secretary Karoline Leavitt defended the firings, saying “the chief executive of the executive branch reserves the right to fire anyone he wants,” she said, according to The Hill.
Republican Chair Kyle Hauptman is currently the last remaining board member.
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