National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman has been appointed as a member of the Public Company Accounting Oversight Board (PCAOB). In response to his appointment, Hauptman issued a statement expressing appreciation for the opportunity.
“I am grateful to President Donald J. Trump and Chairman Paul S. Atkins for their faith in me and for the appointment to the PCAOB,” said Chairman Hauptman. “I intend to remain in my role as NCUA Chairman until my successor is appointed by President Trump and confirmed by the U.S. Senate.”
The NCUA is a U.S. government agency established by Congress in 1970 to regulate, charter, and supervise federal credit unions, as well as oversee the National Credit Union Share Insurance Fund according to its official website. The agency manages deposit insurance for more than 145 million account holders at federal credit unions and most state-chartered credit unions nationwide according to its official website. Headquartered in Alexandria, Virginia, the NCUA provides regulatory guidance, charters new institutions, and supports cybersecurity efforts within the credit union sector according to its official website.
Hauptman has served as chairman of the NCUA Board since his appointment according to its official website. He will continue in this role until a successor is named and confirmed.
For further information or media inquiries regarding this announcement, contact OEACmail@ncua.gov or call 703.518.6330.
