Today: Senate Banking Committee to vote on NCUA nominee, hear from CFPB nominee

July 23, 2026

The Senate Banking Committee will both vote on the nomination of John Crews to serve on the NCUA board and hear testimony from CFPB Director nominee Brian Johnson today. America’s Credit Unions submitted comments to the committee on both nominations Wednesday.

Regarding Crews, currently Treasury deputy assistant secretary for financial institutions policy, the letter in support of his nomination notes, “we have seen Mr. Crews continue as a thought leader on critical regulatory reform for credit unions and community financial institutions across the country” during his time at the Treasury.

Crews has also served as staff director for the Senate Banking Subcommittee on Securities and Insurance, special advisor for economic policy to the president, policy director for the Senate Banking Committee, and policy advisor to the House Majority Leader Steve Scalise (R-LA).

“Confirmation of Mr. Crews would provide stability at the NCUA while legal questions surrounding two Board seats remain under judicial review and Chairman Kyle Hauptman continues to serve following the expiration of his term in August 2025,” it adds. “The Committee has always held a strong commitment to robust leadership at our financial regulators, and the timely confirmation of Mr. Crews will continue that trend.”

The committee will also hear testimony from Johnson, currently an executive at Capital One, and deputy CFPB director in the previous Trump administration. Ahead of the hearing, the association shared thoughts on what it would like to see from the Bureau.

Should Johnson be confirmed, America’s Credit Unions encourages the CFPB to:

  • Focus on bad actors and unregulated nonbank lenders;
  • Use its statutory exemption authority to exempt credit unions from regulations aimed at addressing misconduct by other industry bad actors;
  • Prioritize compliance with the Administrative Procedure Act (APA) and ensure a transparent and participatory approach to rulemaking;
  • Increase usage of cost-benefit analysis; and 
  • Provide clear regulatory standards, under the unfair, deceptive, or abusive acts or practices (UDAAP) standard.