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NCUA in Limbo: What the Board Shakeup Means for Credit Unions
Episode Date: July 28, 2025
Host: Mark Treichel
Episode Summary
The NCUA board is in complete chaos following President Trump's firing of board members Todd Harper and Tanya Otsuka, their court-ordered reinstatement, and subsequent legal stay. Mark breaks down the dramatic week of legal battles, analyzes what happened during last Thursday's awkward board meeting, and predicts the 80% chance Harper and Otsuka won't return permanently.
Key Topics Covered
The Legal Drama Timeline
Last Thursday's Board Meeting Analysis
What's Next for the Board
Inspector General Report Bombshell
Budget Implications
Notable Quotes
"The 500 pound elephant in the room relative to the whole issue, all three sides avoided."
"I would say 80% chance that they do not come back and that the places will be filled before the end of the year."
"The professionalism of staff is well above average. And while they're going through all these things, it's chaotic."
Upcoming Content
Mark announces the OCC Risk Report series - breaking down his longer three-person discussion with Dennis, Steve, and Todd into shorter Thursday episodes throughout the summer. These will explore OCC findings and their implications for credit union examinations.
5
1313 ratings
www.marktreichel.com
https://www.linkedin.com/in/mark-treichel/
NCUA in Limbo: What the Board Shakeup Means for Credit Unions
Episode Date: July 28, 2025
Host: Mark Treichel
Episode Summary
The NCUA board is in complete chaos following President Trump's firing of board members Todd Harper and Tanya Otsuka, their court-ordered reinstatement, and subsequent legal stay. Mark breaks down the dramatic week of legal battles, analyzes what happened during last Thursday's awkward board meeting, and predicts the 80% chance Harper and Otsuka won't return permanently.
Key Topics Covered
The Legal Drama Timeline
Last Thursday's Board Meeting Analysis
What's Next for the Board
Inspector General Report Bombshell
Budget Implications
Notable Quotes
"The 500 pound elephant in the room relative to the whole issue, all three sides avoided."
"I would say 80% chance that they do not come back and that the places will be filled before the end of the year."
"The professionalism of staff is well above average. And while they're going through all these things, it's chaotic."
Upcoming Content
Mark announces the OCC Risk Report series - breaking down his longer three-person discussion with Dennis, Steve, and Todd into shorter Thursday episodes throughout the summer. These will explore OCC findings and their implications for credit union examinations.
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