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Dulcinea

(8,254 posts)
Wed Apr 16, 2025, 09:25 PM Apr 16

Trump administration removes Democratic members of credit union watchdog

(The Hill) The Trump administration has fired two Democratic board members from the National Credit Union Administration (NCUA), the officials said Wednesday.

Todd Harper, one Democrat on the board, shared the news of his removal in a post on LinkedIn and said the firing was “just plain wrong.”

“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,” Harper said in his statement.

Harper argued the firings were an attack on the NCUA and undermines the organization’s independence and work. The NCUA regulates credit unions and protects credit members.

https://www.yahoo.com/news/trump-administration-removes-democratic-members-192851436.html?.tsrc=daily_mail&segment_id=DY_VTO_CORE_SINK&ncid=crm_19907-1202927-20250416-0-&bt_user_id=0CQF62jRqCf7Y3USHvhVIY1GfLCU4ZPJga00P1ZCHKnrkiSSEH2CONVa6%2FHy%2FNdZ&bt_ts=1744846084710

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Trump administration removes Democratic members of credit union watchdog (Original Post) Dulcinea Apr 16 OP
Politicizing the NCUA BOSSHOG Apr 16 #1
One more step on the way to another 2008 meltdown. DJ Synikus Makisimus Apr 16 #2

BOSSHOG

(42,130 posts)
1. Politicizing the NCUA
Wed Apr 16, 2025, 09:28 PM
Apr 16

How American. My wife and I have been doing business with two credit unions for 40+ years with no problems. Now, let the problems begin.

DJ Synikus Makisimus

(1,010 posts)
2. One more step on the way to another 2008 meltdown.
Wed Apr 16, 2025, 09:53 PM
Apr 16

It won't be in the same sector, probably, But corruption is what corruption does, and billionaires gotta billionaire. They're god's chosen after all.

Behold the GOP in action. Remember, it hasn't even been three months yet. Plenty of time to completely deregulate the financial sector and "deconstruct" (i.e., destroy) the SEC -- especially when Trump is named President for Life.

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