Hauptman to be nominated for McWatter’s NCUA board seat

Yesterday, President Donald J. Trump announced his intent to nominate Kyle Hauptman of Maine to be a member of the National Credit Union Administration Board.

Hauptman is currently Sen. Tom Cotton’s advisor on economic policy, as well as staff director of the Senate Banking Committee’s Subcommittee on Economic Policy. Prior to joining Cotton’s office, Hauptman worked on the 2016 Presidential Transition Team.

“Kyle has significant experience in the financial services sector as well as the public policy arena, which will serve him well,” said NCUA Chairman Rodney Hood. “If confirmed, I look forward to working with Kyle to ensure credit unions have the regulatory structure to meet the evolving needs of their members and serve as a vital component of the nation’s economic recovery following the COVID-19 pandemic. I wish him well as he proceeds through the nomination process.”

From 2015 to 2016, Hauptman served on the United States Securities and Exchange Commission’s Advisory Committee for Small and Emerging Companies.  Previously, he was Mitt Romney’s policy advisor for financial services during his 2012 campaign.

He has also worked as a fixed-income trader in Tokyo, New York City, and Sydney, Australia. He earned his MBA from Columbia University and his B.A. from UCLA.

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The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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