Kyle S. Hauptman

Kyle Hauptman
Chair of the National Credit Union Administration
Incumbent
Assumed office
January 20, 2025
PresidentDonald Trump
Preceded byTodd M. Harper
Vice Chair of the National Credit Union Administration
In office
December 18, 2020 – January 20, 2025
PresidentDonald Trump
Joe Biden
Preceded byJ. Mark McWatters
Personal details
Born (1973-12-13) December 13, 1973 (age 52)
Bar Harbor, Maine, U.S.
PartyRepublican
EducationUniversity of California, Los Angeles (BA)
Columbia University (MBA)

Kyle S. Hauptman (born December 13, 1973) is the thirteenth Chairman of the National Credit Union Administration (NCUA).[1] Hauptman was designated Chairman by President Donald Trump on January 20, 2025.[2][3] Before his designation as Chairman, Mr. Hauptman served as Vice Chairman of the NCUA since December 18, 2020.

Hauptman was nominated to serve on the NCUA Board on June 15, 2020, by President Donald Trump.[4][5] The US Senate voted to confirm his appointment on December 2, 2020,[6] and he was sworn in as a member of the NCUA Board on December 14, 2020.[7] The NCUA Board approved Hauptman's designation as Vice Chairman of the NCUA on December 18, 2020.

As NCUA Board Chairman, Hauptman serves as a voting member of the Financial Stability Oversight Council (FSOC) and represents the NCUA on the Federal Financial Institutions Examination Council (FFIEC).[8][9]

Early life and education

Hauptman is from Bar Harbor, Maine. His father was the former superintendent of Acadia National Park.[10] He is a New England Patriots fan.[11]

Hauptman holds a Master's in Business Administration from Columbia Business School and a Bachelor of Arts from University of California, Los Angeles. He received a certificate in Economics of Blockchain and Digital Assets from the Wharton School of the University of Pennsylvania.

Career

Prior to his public service career, Hauptman was Senior Vice President at Jefferies & Co where he traded US Treasuries and futures, managing a multi-million dollar trading book. Previously, Hauptman worked at Lehman Brothers as a bond trader in their New York City, Tokyo, and Sydney offices until the company collapsed during the 2008 financial crisis.

Hauptman then served as policy consultant for the National Republican Senatorial Committee, as senior development manager at the American Enterprise Institute,[12] and as Executive Director of the Main Street Growth Project, an advocacy group focused on protecting everyday Americans and small businesses from becoming caught in the crossfire of the effort to "reform Wall Street."

Prior to joining the NCUA Board, Hauptman was appointed by the Securities and Exchange Commission Chair to a two-year term as a voting member of the Advisory Committee on Small and Emerging Companies.[13] Hauptman also served on President Donald Trump's transition team in 2016.[14]

Hauptman left the SEC committee in 2017 to serve as Senator Tom Cotton's (R-Arkansas) advisor on economic policy, as well as Staff Director of the Senate Banking Committee's Subcommittee on Economic Policy.[15]

Throughout his career, he has been a frequent speaker on financial policy issues. Hauptman has delivered guest lectures at Columbia Business School, NYU Law School, the University of Mississippi School of Law, and the University of Alabama's Culverhouse College of Business.[16]

NCUA

In December 2020, the Senate voted 56 to 39 to confirm Kyle Hauptman to the National Credit Union Administration Board.[6] The Senate Banking Committee held the nomination hearing remotely over video due to the COVID-19 pandemic.[17]

Former Senate Banking Committee Chairman Mike Crapo (R-Idaho) said that Mr. Hauptman was "well prepared to join the NCUA Board based on his prior experience" in the financial sector and for having worked on S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act.[18] Hauptman's former boss Senator Tom Cotton (R-Arkansas) said, "I voted to confirm Kyle with enthusiasm. My enthusiasm is mixed with sadness to see a close and trusted aid go, but my loss will be America's gain. The NCUA, American taxpayers, and millions of people who rely on credit unions will be well-served by Kyle, who brings to the job a collegial spirit and rare knowledge of financial markets."[19]

In December 2021, under Hauptman's leadership, NCUA issued new guidance providing clarity that credit unions could partner with third-party digital asset service providers.[20] On May 25, 2022, NCUA issued another piece of guidance allowing credit unions to use distributed ledger technologies (DLT).[21] Hauptman remarked, "We [America] can win the blockchain economy as well — we just need some clarity from the government. I'm proud that the NCUA is doing its small part."[22]

Hauptman was designated as the thirteenth Chairman of the NCUA by President Donald Trump on January 20, 2025.[2][3]

References

  1. ^ "The Honorable Kyle S. Hauptman". NCUA. Retrieved January 23, 2025.
  2. ^ a b "President Trump Designates Chairmen and Acting Chairmen". The White House. January 20, 2025. Retrieved January 23, 2025.
  3. ^ a b "Kyle S. Hauptman Designated as NCUA Board Chairman | NCUA". ncua.gov. January 22, 2025. Retrieved January 23, 2025.
  4. ^ "Trump Nominates Kyle Hauptman To Fill NCUA Board Seat". CUToday. June 15, 2020. Retrieved December 1, 2022.
  5. ^ Angell, Melissa (June 19, 2020). "How Trump's latest nominee could reshape the NCUA board". American Banker. Retrieved December 1, 2022.
  6. ^ a b Passman, Aaron (December 2, 2020). "Senate confirms Kyle Hauptman to NCUA board". American Banker. Retrieved December 1, 2022.
  7. ^ "Hauptman Sworn in as NCUA Board Member". NCUA. December 14, 2020. Retrieved December 1, 2022.
  8. ^ "Council Members". U.S. Department of the Treasury. December 23, 2024. Retrieved January 23, 2025.
  9. ^ "Members of the FFIEC". www.ffiec.gov. Retrieved January 23, 2025.
  10. ^ "Maine Special: Interview". C-SPAN. September 2, 1989. Retrieved December 1, 2022.
  11. ^ "Kyle Hauptman, New England Patriots".[permanent dead link]
  12. ^ "Kyle Hauptman". American Enterprise Institute - AEI. Retrieved December 1, 2022.
  13. ^ "SEC.gov | SEC Announces Advisory Committee on Small and Emerging Companies Members". www.sec.gov. February 4, 2016. Retrieved December 1, 2022.
  14. ^ Tracy, Ryan (December 21, 2016). "Regulatory Critic Added to Trump Transition Team for CFPB, FSOC". WSJ. Retrieved December 1, 2022.
  15. ^ December 1, 2020: Senator Cotton Speaks in Favor of Kyle Hauptman's Confirmation, December 2020, retrieved December 1, 2022
  16. ^ "#defi #blockchain | Kyle Hauptman". www.linkedin.com. Retrieved November 24, 2025.
  17. ^ "Senate Session | C-SPAN.org". www.c-span.org. Retrieved December 1, 2022.
  18. ^ "Senate Banking Committee Holds Nomination Hearing for Kyle Hauptman | Cooperative Credit Union Association". www.ccua.org. July 21, 2020. Retrieved December 1, 2022.
  19. ^ December 1, 2020: Senator Cotton Speaks in Favor of Kyle Hauptman's Confirmation, December 2020, retrieved December 1, 2022
  20. ^ "Relationships with Third Parties that Provide Services Related to Digital Assets". NCUA. December 2021. Retrieved December 1, 2022.
  21. ^ "Federally Insured Credit Union Use of Distributed Ledger Technologies". NCUA. May 2022. Retrieved December 1, 2022.
  22. ^ "NCUA Vice Chairman Kyle S. Hauptman Statement on Credit Union Use of Distributed Ledger Technologies Letter to Credit Unions". NCUA. May 2022. Retrieved December 1, 2022.
allikas: http://en.wikipedia.org/wiki/Kyle_S._Hauptman